Egyptair Express
Airline of Egypt From Wikipedia, the free encyclopedia
Egyptair Express was a regional airline based in Cairo, Egypt. It was a wholly owned subsidiary of the state-owned Egyptair, established in 2006 to offer passengers increased frequencies on domestic and regional routes through the use of smaller aircraft.[2] The airline had been a member of Star Alliance, through the membership of its parent company, Egyptair, since July 2008. On 4 November 2019, it was merged with its parent Egyptair as part of a restructuring plan.[3][4]
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| Founded | 2006 | ||||||
|---|---|---|---|---|---|---|---|
| Ceased operations | 4 November 2019 | ||||||
| Headquarters | Cairo, Egypt | ||||||
| Key people | Helmi Rizq (Chairman)[1] | ||||||
| Website | egyptair | ||||||
History
Egyptair Express was created in May 2006 and launched operations on 1 June 2007.[5]
In January 2018, it was announced that the airline would open a base at Sharm El Sheikh International Airport for its incoming fleet of Airbus A220-300s, this would increase the amount of destinations served by the airline at the airport with the possibility of operating to cities in Italy, Germany, Morocco and India non-stop.[6]
As of 4 November 2019, as part of Aviation Minister Air Marshal Younes Hamed's restructuring plan, Egyptair Express has been completely merged with Egyptair, its parent company.[3][4] It continued to operate the Embraer E170 which was gradually being sold at a rate of one per month, being replaced by the Airbus A220 operated by Egyptair mainline. It ceased operations in June 2020 after selling the last Embraer E170[7]
Corporate affairs
The key trends for Egyptair Express are shown below (as at year ending 30 June). Figures for the years ending 30 June 2011 and 2012 (*) were delayed because of disruption caused by the Egyptian Revolution in early 2011, and the figures themselves reflect the disruption that occurred.[8]
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover (E£m) | 334 | 525 | 706 | 636 | 628 | 796 | 801 | 841 | 958 | 1,414 |
| Profits (E£m) | 4 | 15 | 7 | −18 | −101 | 7 | 0.7 | 2 | 77 | −120 |
| Number of passengers (m) | 0.9 | 1.1 | 1.5 | 1.3 | 1.1 | 1.3 | 1.1 | 1.2 | 1.2 | 1.1 |
| Passenger load factor (%) | 81 | 76 | 77 | 75 | 72 | 79 | 77 | 83 | 79 | 82 |
| Number of aircraft (at year end) | 6 | 12 | 12 | 12 | 12 | 11 | 12 | 12 | 12 | 12 |
| Number of routes (at year end) | 11 | 14 | 20 | 25 | 20 | 22 | 24 | 20 | 20 | 20 |
| Notes/sources | [9] | [9] | [10] | [11](*) | (*) | [12] | [13] | [14] | [15] | [16] |
Destinations
Egyptair Express served the following destinations as of October 2019:[citation needed]
Historical fleet
As of November 2019, prior to the merger into its parent, the Egyptair Express fleet consisted of the following aircraft:[17]
| Aircraft | Introduced | Retired | Notes |
|---|---|---|---|
| Embraer 170LR | 2007 | 2019 |
References
External links
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