Key Market Indicators
Cypriot air passenger traffic recorded a decline in 2023, dropping to approximately 276,000 passengers from nearly 286,000 in 2022, marking a 3.5% decrease year-on-year. This reduction reflects a broader trend observed since 1975, with Cypriot demand falling by 7.2% annually. In the global ranking for 2023, Cyprus was positioned at number 122. Bhutan surpassed Cyprus, registering around 276,000 passengers. Dominating the list were China, India, and Ireland, securing the second, third, and fourth spots, respectively.
