{"id":684909,"date":"2026-02-16T00:00:00","date_gmt":"2026-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/16\/egyptair-scales-up-with-12-aircrafts-this-year-despite-global-supply-constraints\/"},"modified":"2026-02-16T00:00:00","modified_gmt":"2026-02-16T00:00:00","slug":"egyptair-scales-up-with-12-aircrafts-this-year-despite-global-supply-constraints","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/16\/egyptair-scales-up-with-12-aircrafts-this-year-despite-global-supply-constraints\/","title":{"rendered":"EgyptAir scales up with 12 aircrafts this year despite global supply constraints"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Egyptair looks to build up fleet to meet tourism footfall targets<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egyptair is set to add <\/strong><strong>12 <\/strong><strong>new aircraft to its fleet this year<\/strong>, including the addition yesterday of its first Airbus A350-900 aircraft, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0DWsaMwEz4kvYXx1esqj1ccMSCsKf8e33y4WCBAcW8ZoVqBVUp7Sd9nhBx1PA77HPl\" style=\"\" rel=\"noopener\">statement<\/a> from the Civil Aviation Ministry. The national flag carrier plans to add 34 new planes from the A350-900 and Boeing 737-8 Max families to its fleet by 2031, including 13 new aircraft in 2027. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The move aims to support the country\u2019s goal of seeing some 30 mn tourists land in Egypt in 2030, over double the amount recorded last year. However, there are obstacles to building a fleet beyond getting funds ready, with airlines globally facing an aircraft shortage due to manufacturers \u2014 particularly engine builders \u2014 struggling to keep up with demand due to supply chain issues and a lack of skilled labor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Rawaj oversubscription signals appetite for Aspire\u2019s fund pivot<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aspire Cap<\/strong><strong>ital secured FRA approva<\/strong><strong>l to manage investment funds <\/strong><strong>directly<\/strong>, according to an EGX <a target=\"_blank\" href=\"https:\/\/ent.news\/internal\/685972.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. Aspire is pushing into the equity space with its Wafra Plus fund, which opened for subscription on 1 February. The pivot saw a strong start with its Rawaj money market fund, which closed its subscription late last month with a 5x oversubscription rate. The firm\u2019s managed assets hit EGP 4 bn through its subsidiary Aim Financial Investments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming:<\/strong> Last year, Managing Director Abdel Moneim Omran said the firm is looking to launch five funds worth <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/06\/10\/aspire-capital-to-roll-out-money-market-gold-investment-funds-in-2025-plus-modern-gas-petromaint-samco-maurer\/\" style=\"\" rel=\"noopener\">EGP 3 bn over two years<\/a>, including a gold investment fund, a real estate fund, a money market fund, an FCY liquidity fund, and an equity fund.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Slaughterhouse biogas initiative not just hot air<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The government is scaling up its pilot program to install biogas units at state-owned <\/strong><strong>slaughterhouses<\/strong>, moving from a small-scale unit in Kafr Shukr to an industrial-scale EGP 13 mn facility in New Valley, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/%D8%A3%D9%88%D9%84-%D9%88%D8%AD%D8%AF%D8%A9-%D8%A8%D9%8A%D9%88%D8%AC%D8%A7%D8%B2-%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D8%B3%D9%85%D8%A7%D8%AF-%D8%A7%D9%84%D8%B9%D8%B6%D9%88%D9%8A-%D9%88%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D8%A7%D9%84%D8%AD%D9%8A%D9%88%D9%8A-%D9%85%D9%86-%D9%85%D8%AE%D9%84%D9%81%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AC%D8%A7%D8%B2%D8%B1-%D8%A8%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A7%D8%AA-\/1481400760697006\/\" style=\"\" rel=\"noopener\">statement<\/a> from the Local Development and Environment Ministry. The ministry claims the New Valley plant, which will process waste from a 3k-head cattle farm, will generate EGP 17 mn in its first year through the production of organic fertilizer and methane gas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters: <\/strong>This isn\u2019t just a green initiative \u2014 it\u2019s an import-substitution and export play. By converting slaughterhouse waste into high-grade organic fertilizer, the state is targeting international markets that are increasingly banning products grown with chemical fertilizers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Kima reports net income surge in 2Q FY 2025-2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egy<\/strong><strong>ptian Chemical Industries (Kima) saw its net income increase <\/strong><strong>46.9% y-o-y<\/strong> <strong>to EGP 1.2 bn during 2Q FY 2025-26,<\/strong> according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/2\/968.pdf\" style=\"\" rel=\"noopener\">latest earnings release (pdf)<\/a>. Over the same period, revenues grew 4.6% y-o-y to EGP 4.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Rawaj oversubscription signals appetite for Aspire\u2019s fund pivot<\/p>\n","protected":false},"author":1,"featured_media":684910,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,528,12199,302,880,72,503,564,253,12474,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-biogas","tag-earnings","tag-egyptair","tag-enterpriseam","tag-financial-services","tag-food","tag-kima","tag-poultry","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"a011a587-4b8a-4285-9e1a-3da474033b68","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/2\/990.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EgyptAir scales up with 12 aircrafts this year despite global supply constraints","related_issue":[684890],"teaser":"Plus: Rawaj oversubscription signals appetite for Aspire\u2019s fund pivot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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