The most important thing with any incident is that no-one was hurt, regardless of the degree of culpability.
As for Eurcypria as an airline, I had the privilege of flying with them for two years 2006/7. I've flown with several airlines over the years in Europe, SE Asia, Australia and I found the ECA standard to be equal to the best.
No airline is imune to incidents and I certainly hope that Eurocypria as a whole doesn't get unfairly pilliored over this.