{"id":645202,"date":"2017-07-13T04:17:10","date_gmt":"2017-07-13T04:17:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/"},"modified":"2017-07-13T04:17:10","modified_gmt":"2017-07-13T04:17:10","slug":"egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/","title":{"rendered":"EgyptAir Holding profits expected to record EGP 2 bn in FY 2017-18"},"content":{"rendered":"

EgyptAir Holding is expecting to record EGP 2 bn in profits in FY 2017-18, Chairman and CEO Safwat Musallam told the press on Wednesday, according to Al Mal<\/a>. The company has a busy pipeline of new investments and upgrades, which include maintenance for hangars and training rooms. EgyptAir will also be operating direct flights to Shanghai and Tokyo starting October, according to Musallam. Civil Aviation Minister Sherif Fathy also said<\/a> that EgyptAir will be supplementing its fleet with 40 new planes, but provided no additional details.<\/p>\n","protected":false},"excerpt":{"rendered":"

EgyptAir Holding is expecting to record EGP 2 bn in profits in FY 2017-18, Chairman and CEO Safwat Musallam told the press on Wednesday, according to Al Mal. The company has a busy pipeline of new investments and upgrades, which include maintenance for hangars and training rooms. EgyptAir will also be operating direct flights to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645202","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"7684cc02-d6e9-4788-b477-8dcc2b5d74ec","order":"0","is_powered_by":true,"section_story_id":"8f462b27-47d4-423e-a21b-dfe308ce24a9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645163],"teaser":"","voice_url":""},"yoast_head":"\nEgyptAir Holding profits expected to record EGP 2 bn in FY 2017-18 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir Holding profits expected to record EGP 2 bn in FY 2017-18\" \/>\n<meta property=\"og:description\" content=\"EgyptAir Holding is expecting to record EGP 2 bn in profits in FY 2017-18, Chairman and CEO Safwat Musallam told the press on Wednesday, according to Al Mal. The company has a busy pipeline of new investments and upgrades, which include maintenance for hangars and training rooms. EgyptAir will also be operating direct flights to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-13T04:17:10+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EgyptAir Holding profits expected to record EGP 2 bn in FY 2017-18\",\"datePublished\":\"2017-07-13T04:17:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptair-holding-profits-expected-to-record-egp-2-bn-in-fy-2017-18\/\",\"name\":\"EgyptAir Holding profits expected to record EGP 2 bn in FY 2017-18 - 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The agreement will see Egypt\u2019s national flagship carrier\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637676,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/22\/egyptair-will-make-a-profit-this-year-chairman-says\/","url_meta":{"origin":645202,"position":4},"title":"EgyptAir will make a profit this year, chairman says","author":"enterpriseam admin","date":"22 November 2017","format":false,"excerpt":"EgyptAir will swing to a profit this year, buoyed by an increase in passengers and cost cutting, Chairman Safwat Musallam said, according to Reuters. \u201cThis year the company will transfer from a loss,\u201d Musallam told the newswire, but declined to say how much EgyptAir is projected to make or to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645650,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/egyptair-set-to-lower-hajj-ticket-prices\/","url_meta":{"origin":645202,"position":5},"title":"EgyptAir set to lower Hajj ticket prices","author":"enterpriseam admin","date":"26 July 2017","format":false,"excerpt":"EgyptAir is expected to lower ticket prices that it had already set for Hajj season, according to Al Shorouk. 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