EgyptAir
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| Founded | 1932 (as Misr Airwork) | |||
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| Hubs | Cairo International Airport | |||
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| Frequent-flyer program | EgyptAir Plus | |||
| Alliance | Star Alliance | |||
| Fleet size | 67 (+ 16 orders & 3 options) | |||
| Destinations | 78 | |||
| Company slogan | Enjoy The Sky | |||
| Parent company | EgyptAir Holding Company | |||
| Headquarters | EgyptAir Administrative Complex Cairo, Egypt |
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| Website | www.egyptair.com | |||
EgyptAir (Arabic: مصر للطيران, Miṣr liṬ-Ṭayārān) is the flag carrier airline 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, joining Star Alliance on 11 July 2008. The company is headquartered in the EgyptAir Administrative Complex on the grounds of Cairo International Airport in Cairo. 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 its ancient symbolism as a "winged god of the sun".
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Operations
EgyptAir 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.
The airline underwent a major corporate re-engineering in 2002, when its structure was changed from a governmental organization into a holding company with subsidiaries. The move coincided with establishment of the Egyptian Minister of Civil Aviation and the government's ambitious strategy to modernize and upgrade its airports and airline. The airline was given the right to operate without any interference from the government and the duty to do so without any financial backing
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).[1]
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.[2]
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 complement the parent company's pattern of service. In June 2009 the subsidiary received the last of the 12 Embraer E-170 aircraft on order.
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.[3] 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.
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.[2]
In 2009, EgyptAir's operations at its Cairo International Airport hub (where it holds 61% of the airport's departure slots) 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. In 2010 the airline will overhaul operations at its Alexandria base by transferring operations from the older facilities at Alexandria International Airport to the brand new airport in Borg El Arab Airport. The airline's CEO also stated the company was evaluating whether to set up a low cost carrier subsidiary for its Alexandria operations to address the growth of LCCs in the city.
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.
On 10 March 2010 the airline took delivery of its largest aircraft, the Boeing 777-300ER in Cairo Airport, with a seat capacity of 346. The aircraft is equipped with a new on-board product and the largest business cabin to-date. This is the first aircraft to enter the fleet on an operating leasee (from GECAS). All other mainline aircraft are owned. The airline is initially operating the aircraft to London Heathrow and Tokyo Narita followed by John F. Kennedy International Airport from 31 October 2010. The airline will also receive another new aircraft type, the Airbus A330-300, in August 2010 which will replace the Boeing 777-300ER on the London Heathrow route from 1 September 2010.
The carrier is a founding member of Arabesk Airline Alliance and the Arab Air Carriers Organization.
EgyptAir Holding Company
The EgyptAir Holding Company was created in 2002 with seven companies (two were added at later dates):
- EgyptAir Airlines
- EgyptAir Maintenance & Engineering (EASA Part 145 Certified)
- EgyptAir Ground Services
- EgyptAir Cargo
- EgyptAir In-flight Services
- EgyptAir Tourism & Duty Free Shops
- EgyptAir Medical Services
- EgyptAir Supplementary Industries Company (formed in 2006)
- EgyptAir Express (launched in June 2007)
The three carriers (EgyptAir Airlines, EgyptAir Express & EgyptAir Cargo) operate under the same AOC but are managed separately and have their own profit and loss accounts.
Subsidiaries
The airline has stakes in:
- Air Cairo (60%)
- Smart Aviation Company (13.33%)
- Air Sinai (100%)
- Civil Aviation Finance and Operating Leases - 'CIAF-Leasing' (Ownership % - TBD)
- LSG Sky Chefs Catering Egypt (70%)
Destinations
EgyptAir serve 78 destinations; 13 in Egypt, 17 (+1) in Africa, 17 in the Middle East, 8 in Asia, 22 (+1) in Europe and 1 in the Americas.
New destinations
In 2010, EgyptAir have announced plans to launch flights to:
- Copenhagen Airport (Denmark) from 1 October 2010
- Juba Airport (Sudan) from 6 August 2010 (flights operate via Khartoum)
- Lusaka Airport (Zambia) from 2 November 2010 (flights will operate via Dar es Salaam)
- Mubarak International Airport (Egypt) from 19 July 2010
Fleet
The EgyptAir fleet has an average age of 5.2 years and consists of the following aircraft (at August 2010):[4]
| Aircraft | In service |
Orders (Options) |
Passengers (First/Business/Economy) |
Notes |
|---|---|---|---|---|
| Airbus A320-200 | 13 | 0 | 145 (0/16/129) 144 (0/10/134) 171 (0/0/171) |
5 in the 145-seat configuration 7 in the 144-seat configuration 1 in the 171-seat configuration (operating domestic flights only) |
| Airbus A321-200 | 4 | 0 | 185 (0/10/175) | |
| Airbus A330-200 | 7 | (3) | 268 (0/24/244) | |
| Airbus A330-300 | 1 | 4 | 301 (0/36/265) | New business class featuring full lie-flat beds. New economy cabins will be equipped with PTV Deliveries: From August 2010 - 2014 |
| Airbus A340-200 | 3 | 0 | 280 (12/24/224) | Fleet to be gradually retired from 2010 |
| Boeing 737-500 | 4 | 0 | 104 (0/8/96) | SU-GBK operates Air Sinai flights 2 aircraft leased to Sudan Airways between August-November 2010. |
| Boeing 737-800 | 12 | 8 | 160 (0/16/144) 144 (0/24/120) |
4 in the 160-seat configuration (to be reconfigured to 144-seats from 2011) 8 in the 144-seat configuration Deliveries: 4x 2010 (from September 2010), 2x 2011 and 2x 2012 (by August 2012). |
| Boeing 777-200ER | 5 | 0 | 319 (12/21/286) | 3 aircraft to be retired in 2010 |
| Boeing 777-300ER | 2 | 4 | 346 (0/49/297) | Deliveries: 2x 2010 (November and December) and 2x 2011 All leased from GECAS New business class featuring full lie-flat beds New economy cabins will be equipped with PTV |
| Total | 51 | 16 (3) | Last updated: August 2010 |
| Aircraft | In service |
Passengers (First/Business/Economy) |
Notes |
|---|---|---|---|
| Embraer E-170 | 12 | 76 (0/0/76) | Operating for EgyptAir Express |
| Total | 12 | Last updated: August 2010 |
| Aircraft | Total | Orders (Options) |
Cargo Capacity (Pounds/Lbs) |
Remarks |
|---|---|---|---|---|
| Airbus A300B4-200F | 2 | 0 | 96,000 | Operating for EgyptAir Cargo Aircraft to be phased out in 2010 |
| Airbus A300-600RF | 2 | 1 | 97,000 | Operating for EgyptAir Cargo Additional leased aircraft to arrive in 2010 |
| Total | 4 | 1 | Last updated: August 2010 |
Furthermore, EgyptAir wet leases additional aircraft to meet peak season passenger demand such as during the summer, during Ramadan and for special Hajj and Umrah operations. In summer 2010 the airline is leasing the following:
- 2x EuroAtlantic Airways Boeing 767-300ER aircraft between 6 August 2010 and 19 September 2010. The aircraft will be used on the Cairo-Jeddah route on Hajj flights.
As of August 2010, the EgyptAir Holding Company fleet (which includes EgyptAir Airlines, EgyptAir Express and EgyptAir Cargo) stood at 67 + 16 orders + 3 options.
The airline is receiving a total of 10 new aircraft in 2010. This includes the introduction of 2 new aircraft types; the Boeing 777-300ER (in March 2010) and the Airbus A330-300 (in August 2010).
As part of the airline's fleet renewal programme, EgyptAir has agreed an exclusive agreement with DVB's Aviation Asset Management (subsidiary of Germany's DVB Bank) to re-market 3 of its 5 oldest Boeing 777-200ERs (SU-GBP/R/S) and all 3 Airbus A340-200s. Two of the former (SU-GBP/R) will leave the fleet in 2010. All aircraft involved were delivered new to the airline in 1997.
EgyptAir has code-share agreements with the following airlines (as of EgyptAir 2010):[5]:
Head officeEgyptair is headquartered in the EgyptAir Administrative Complex on the grounds of Cairo International Airport in Cairo.[6][7] The complex is located on the grounds of Cairo International Airport. Incidents and accidents
References
External links
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