Marianna Trokoudes, BA’s commercial manager commented that the launch of this new service reinforced the carrier’s commitment to Cyprus. She added that this could potentially boost the number of tourists visiting Paphos, therefore enhancing its appeal as an overseas investment spot.

Research by airport operator Hermes showed that during 2007, more than six million passengers passed through Paphos and Larnaca airports. Experts have said that since this figure has already been beaten this year, the final number for 2008 as a whole will be a record amount.

Recent report in the Mirror stated that the Paphos is predominantly popular with overseas property owners from the UK. The newspaper further added that its housing market has seen significant growth in recent times, with values rising by over 80 per cent in the last few years.

The carrier has also increased frequencies and an additional route will be launched from Manchester to Murcia that will commence operations from February.

Liz Savage, MD of monarch scheduled services said that the services are launched with respect to Cyprus popularity among British investors .British property investors investing in Cyprus regard this as an encouraging step that will increase accessibility.

Cyprus property market has performed well over the years and recent EU accession has made it an even safer place for investment in property. Liz savage further added that due huge public demand new scheduled services to Cyprus will be launched from Manchester and Gatwick.

Announcements from British Airways of new daily flights between London Gatwick and Paphos, their second destination in Cyprus, commencing from July further signifies the great investment potential of already buoyant Cyprus market.