Paphos International Airport

daa Group has an 11% share in two Cypriot airports, Larnaca and Paphos.

This is as part of an international consortium, known as Hermes Airports Ltd., which consists of a mix of local and international partners.   

ARI through CTC-ARI Airports Limited, exclusively operates the airside and landside retail outlets in  Paphos International Airports (trading as Cyprus Airports Duty-Free), generating revenues of US$100m+ per annum. In 2014, ARI (Middle East) acquired CTC shares in the company to become 100% owner of CTC-ARI Airports Limited. 

ARI operate 850 sqm of retail space in Paphos International Airport, selling all the core duty free categories in addition to fashion, electronics and jewellery. 

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