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EgyptAir (Arabic: مصر للطيران, Miṣr liṬ-Ṭayārān) is the flag carrier airline of the Arab Republic of Egypt and a member of Star Alliance. The airline is based at Cairo International Airport, its main hub, operating scheduled passenger and freight services to more than 70 destinations in the Middle East, Europe, Africa, Asia, and the Americas. An extensive network of domestic services is focused on Cairo, Egypt's capital. EgyptAir is Africa's largest airline, and joined the Star Alliance on 11 July 2008. Its has its headquarters in the EgyptAir Administerial Complex in Cairo.[1] The airline's logo is Horus, the sky deity in ancient Egyptian mythology, usually depicted as a falcon or a man with the head of a falcon. The airline has taken Horus as its logo because of it ancient symbolism as a "winged god of the sun".
[edit] OperationsEgyptAir is a state-owned company with special legislation permitting the management to operate as if the company were privately owned without any interference from the government. The company is self-financing without any financial backing by the Egyptian government. EgyptAir wholly owns EgyptAir Express and Air Sinai. The airline has stakes in Air Cairo (60%) and Smart Aviation Company (20%). As of June 2007, the EgyptAir Holding Company had 20,734 employees of which 7,600 worked in EgyptAir Airlines (the airline subsidiary of the group).[2] In 2004, EgyptAir became the first IOSA certified airline in Africa. In 2006, Skytrax, the UK-based airline consultancy service, rated EgyptAir as a "3 Star Quality Certified Airline". In 2007, EgyptAir's passenger traffic increased by 21% to 7.8 million passengers.[3] The airline launched a regional subsidiary called EgyptAir Express with a fleet of new Embraer E-170 jets. The carrier links Cairo with Sharm El-Sheikh, Hurghada, Luxor, Aswan, Marsa Alam, Abu Simbel and Alexandria (Egypt) in addition to secondary regional destinations to compliment the parent company's pattern of service. In June 2009 the subsidiary received the last of the 12 Embraer E-170 aircraft on order. Airbus A330-200 in 1996-2008 livery at takeoff The EgyptAir Holding Company has recorded substantial profits in past years, reaching US$170 million during the 2007/2008 financial year. This is fortified by huge assets of more than US$3.8 billion. The airline's financial year is from July to June. [4] For the fiscal year ending 31 July 2007, EgyptAir achieved a record total revenue of US$1,143 billion. Total group revenue grew by 14%, as compared with the previous year. In early 2007, the airline partnered with the Egyptian Ministry of Civil Aviation and 'Egyptian Holding Company for Airports & Air Navigation' to form a new corporate airline, Smart Aviation Company, based at Cairo Airport. EgyptAir planes at Cairo International Airport On October 16, 2007 the Chief Executive Board of Star Alliance voted to accept EgyptAir as a future member. The airline had already forged commercial and cooperative agreements with several members of the Star Alliance by then, including Lufthansa, Singapore Airlines, Austrian Airlines, Thai Airways International, Swiss International Airlines, South African Airways, Turkish Airlines and bmi. Nine months after being invited as a future member (a record time by any airline joining an alliance), EgyptAir became the 21st member of Star Alliance in a ceremony held in Cairo on 11 July 2008. In 2008, EgyptAir's passenger traffic increased by 6% to 8.2 million passengers.[3] In 2009, EgyptAir's operations at its Cairo hub were notably overhauled due to the inauguration of the new Terminal 3 in April 2009. The airline transferred all its operations (international and domestic) to the new terminal that has more than doubled the airport's capacity. Under the Star Alliance “Move Under One Roof” concept at Cairo Airport, all Star Alliance member carriers serving Cairo, have moved to the new Terminal 3. During the 2009 Paris Airshow, the airline announced a new venture with US lessor Aviation Capital Group (ACG) and other Egyptian private and public shareholders to establish a leasing joint venture focusing on the Middle East and Northern Africa region. The new joint venture - named Civil Aviation Finance and Operating Leases (CIAF-Leasing) will initially focus on narrowbody aircraft. The carrier is a founding member of Arabesk Airline Alliance and the Arab Air Carriers Organization. [edit] EgyptAir Holding Company Airbus A330-200 lands The EgyptAir Holding Company was created in 2002 with seven companies (two were added at later dates):
[edit] Subsidiaries Egyptair A321 The airline has stakes in
[edit] DestinationsMain article: EgyptAir destinations So far in 2009, EgyptAir have launched services to Abuja, Almaty, Catania, Dar es Salaam and Sharq Al-Owainat. [edit] FleetThe EgyptAir fleet has an average age of 5.2 years and consists of the following aircraft (at December 2009): [5]
From 06 November 2009 to 16 December 2009 the airline will temporarily lease 2 Airbus A300-600R aircraft from Monarch Airlines to operate additional flights to Saudi Arabia (Jeddah and Medina) for the 2009 Hajj program. Each aircraft is configured with 361 economy class seats. Since 2005 EgyptAir annually leases from Monarch Airlines for Hajj flights. [edit]EgyptAir has code-share agreements with the following airlines (updated: December 2009)[6]: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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