26th February 2013
Articles
4th October 2012
4th October 2012
9th June 2010
CEPA INTRODUCES SOPA
Based on the huge and positive response to CEPA's association activities, CEPA has grown to establish a daughter association in southern Europe to support private aviation in the region. The association SOPA (South East Europe Private Aviation) will focus initially on Cyprus, Greece, Turkey and Lebanon.
The geographic location of these countries is ideal for developing business aviation, particularly in the emerging market of Turkey, which is a primary driver in the region. SOPA will be based in Cyprus. Cyprus represents ideal hub for reaching countries in the Middle East, which are now going through post-war reconstruction. Also, because of business tax benefits, Cyprus has large growth potential. Cyprus is close to busy trade routes linking Western Europe and the Arab world to the Far East. Over 45,000 international businesses use Cyprus as a base for operations and the growth rate ranges at around 4%, well above the EU average.