EgyptAir

EgyptAir
IATA
MS
ICAO
MSR
Callsign
EGYPT AIR
Founded 1932 (as Misr Airwork)
Hubs Cairo International Airport
Focus cities
Frequent-flyer program Egypt Air Plus
Alliance Star Alliance
Fleet size 74 (+7 orders & 3 options)
Destinations 73 (incl. subsidiaries)
Company slogan Enjoy The Sky
Parent company Egypt Air Holding Company
Headquarters EgyptAir Administrative Complex
Cairo, Egypt
Key people
  • Mr. Hossam Kamal (Chairman & CEO of EgyptAir Holding Company)
  • Captain Ayman Nasr (Chairman of EgyptAir Airlines)
  • Capt. Helmy Awad Ibrahim Rizk (Chairman of EgyptAir Express)
Website www.egyptair.com

EgyptAir (Arabic: مصر للطيران, Miṣr liṬ-Ṭayarān) 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 75 destinations in the Middle East, Europe, Africa, Asia, and the Americas. An extensive network of domestic services is focused on Cairo, Egypt's capital.

Egypt Air 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".

Contents

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

Egypt Air 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, Egypt Air 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 Egypt Air 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. In August 2010 EgyptAir will also receive another new aircraft type, the Airbus A330-300, 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):

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:

Destinations

As of July 2011 EgyptAir serve 73 destinations; 10 in Egypt, 17 in Africa, 17 +3 in the Middle East, 7 in Asia, 21 in Europe and 1 in the Americas.

Codeshare agreements

Other than subsidiaries and franchisees EgyptAir have codeshare agreements with the following airlines and some fellow Star Alliance partners, as at October 2011:[4][5]

* Star Alliance member

Fleet

As of October 2011, the EgyptAir fleet consists of the following aircraft:[6]

EgyptAir fleet
Aircraft In Service Orders Options Passengers Notes
F C Y Total
Airbus A320-200 5 0 16 129 145
7 10 134 144
1 0 174 174
Airbus A321-200 3 0 22 139 161 New configuration (SU-GBT to SU-GBV)
1 10 175 185 To be reconfigured to 161 seats by mid-2012
Airbus A330-200 7 3 0 24 244 268
Airbus A330-300 4 1 0 36 265 301 OnAir internet and mobile usage capability
New business class featuring lie-flat beds.
Economy cabins equipped with PTV
Deliveries: 1 in 2012
Airbus A340-200 3 12 24 224 260
Boeing 737-500 4 0 8 96 104 Also operating Air Sinai flights
Boeing 737-800 4 3 0 16 144 160 Deliveries: 1x 2011 and 2x 2012
13 24 120 144
Boeing 777-200ER 4 12 21 286 319 Retired
Boeing 777-300ER 6 0 49 297 346 All aircraft leased from GECAS
New business class featuring full lie-flat beds
New economy cabins equipped with PTV
EgyptAir Express Fleet
Embraer E-170 12 0 0 76 76
EgyptAir Cargo Fleet
Airbus A300B4-200F 1 96,000 kg A second aircraft is stored at Cairo Airport
Airbus A300-600RF 2 97,000 kg
Total 77 4 3

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.

As part of the airline's fleet renewal programme, EgyptAir will retire their fleet of Boeing 777-200ER aircraft from 30 November 2011 (after the Eid al-Adha holiday season). Cairo-Jeddah will be the last route.

Head office

EgyptAir is headquartered in the EgyptAir Administrative Complex on the grounds of Cairo International Airport in Cairo.[7][8] The complex is located on the grounds of Cairo International Airport.

Incidents and accidents

References

  1. ^ "Directory: World Airlines". Flight International: p. 76. 2007-04-03. 
  2. ^ a b [1]
  3. ^ NTSB Group Chairman's Factual Report, January 18, 2000
  4. ^ EGYPTAIR - Welcome to EGYPTAIR website
  5. ^ Worldwide codeshare list aug 2011
  6. ^ "EgyptAir fleet list". http://www.planespotters.net/Airline/EgyptAir-Express. Retrieved 2010-12-16. 
  7. ^ "Egyptair Plus Hand Book." Egyptair. 6 of 10. Retrieved on 2 May 2010.
  8. ^ "Egyptair." Arab Air Carriers Organization. Retrieved on 29 September 2009.
  9. ^ "Accident description". Aviation Safety Network. http://aviation-safety.net/database/record.php?id=19561001-1. Retrieved 8 September 2009. 
  10. ^ "The "Suez Crisis", 1956". Air Combat Information Group. http://www.acig.org/artman/publish/printer_103.shtml. Retrieved 8 September 2009. 
  11. ^ "12(B) Sqn History". Royal Air Force. http://www.raf.mod.uk/raflossiemouth/aboutus/12bsqnhistory.cfm. Retrieved 8 September 2009. 
  12. ^ "Accident description". Aviation Safety Network. http://aviation-safety.net/database/record.php?id=19600929-0. Retrieved 14 September 2009. 
  13. ^ "Accident description". Aviation Safety Network. http://aviation-safety.net/database/record.php?id=19640223-0. Retrieved 6 October 2009. 
  14. ^ "SU-AJG Accident description". Aviation Safety Network. http://aviation-safety.net/database/record.php?id=19680115-0. Retrieved 24 July 2011. 
  15. ^ "EgyptAir 864". Aviation Safety Network. http://aviation-safety.net/database/record.php?id=19761225-0. Retrieved 2009-11-01. 
  16. ^ "1985: Commandos storm hijacked plane". BBC News. 24 November 1985. http://news.bbc.co.uk/onthisday/hi/dates/stories/november/24/newsid_4356000/4356024.stm. Retrieved 2007-11-12. 
  17. ^ "EgyptAir Flight 990 Accident Information". 2007-09-07. http://www.airsafe.com/flt990.htm. Retrieved 2007-11-12. 
  18. ^ "Flight Safety Australia July/August 2002" (PDF– Globewatch). Civil Aviation Safety Authority. http://casa.gov.au/fsa/2002/jul/9-11.pdf. Retrieved 2007-11-12. 

18.Egypt Air received Boeing 777-300ER at 14\10\2010. اليوم السابع | "بوينج 777" تنطلق غدا على خط القاهرة ـ نيويورك

External links

Egypt portal
Companies portal
Aviation portal