Egyptian airports are open to private airlines if they meet safety regulations set by the Civil Aviation Ministry, the Civil Aviation Authority head Hany El Adawy told Ahram Gate. The ministry has a vision to create a network of airlines functioning alongside flag carrier EgyptAir to improve services, he explained. Private airlines are encouraged to start new routes not currently serviced by EgyptAir, El Adawy added, but should not compete with existing routes operated by EgyptAir. Sounds like a great free-market opportunity to us…
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…