Ryanair has big plans for Cyprus Airways

It can raise traffic to 3m from 500,000, make it profitable

[NICOSIA] Ireland's budget carrier Ryanair on Friday submitted a plan to turn for-sale Cyprus Airways into a profitable operation by increasing passenger traffic by 500 per cent over three years, officials said.

Ryanair CEO Michael O'Leary said with the help of his low-cost airline, Cyprus Airways will experience rapid growth with new routes and more flights, increasing the number of its passengers to three million per annum from the current average of 500,000.

Mr O'Leary on Friday met government officials...

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