Ryanair to bid for Cyprus Airways

B737 RyanairKenny Jacobs, Chief Marketing Officer for low-cost carrier Ryanair has said the airline plans to bid for loss-making Cyprus Airways, which is up for sale.

In a BBC Radio interview Mr Jacobs, told BBC Radio 5 live that it would deliver its proposal for the Cypriot flag carrier in time to meet Friday’s deadline.

According to the Cypriot government, the new owner of the state-controlled airline should be announced by the beginning of October.

Mr Jacobs told the BBC that Ryanair had: “a very positive meeting” with the Cypriot government and the airline last week,” adding that the eastern Mediterranean was “a really fast-growing area” for travel.

Ryanair’s move coincides with the launch of its Business Plus ticket, which will offer what the airline describes as “premium seating,” free flight changes and a 20kg hold baggage allowance.