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According to the signed agreement, Crédit Agricole Egypt will provide a medium-term loan to be repaid over five and a half years, which shall cover 80% of the helicopter’s total value. The cooperation between the bank and PAS, which began in 1983, represents a major step in the long-term fruitful partnership aiming for the company’s expansion into air transport services inside and outside Egypt.
Company now operates flights to Red Sea from Belgium, Germany and Switzerland, says General Manager Sales Egypt
The United States deployed an aircraft carrier and bombers to the Middle East as “a signal to Iran”, National Security Advisor John Bolton said on Sunday. The announcement comes as tensions between Washington and Tehran are at a high point over Iran’s nuclear programme, with the US increasing sanctions in the past year since president …
Study opens new general strategy for synthesis of advanced aviation fuel using cellulose
Company to retire seven aircraft from its fleet
Winter schedule 2018-2019, Lufthansa will offer 21 weekly flights from Cairo to its four hubs in Europe
Last year, Airbus delivered 718 aircraft to 85 customers around the world, marking an increase of 4% in deliveries over 2016, when 688 planes were sold. According to a statement issued by the company, of which Daily News Egypt obtained a copy, the aircraft delivered in 2017 included 558 aircraft from the family of single-aisle …
EgyptAir Holding Company closed a deal on Wednesday, worth $6bn, that will add 45 aircraft to its fleet, according to a statement from the company. The agreement was signed at the ongoing Dubai Airshow with American airline manufacturer Boeing and Dublin-based AerCap. The aircraft are expected to be received within the next two years. “According …
The deal covers 12 firm orders and 12 purchase rights with total value of $2.2bn
Company is studying 59 offers to finance its largest deal in history
Egypt has received the fourth batch of high-tech French Rafale fighter jets—which consists of two aircraft—financed by a French government loan. Egypt has received 11 of the Rafale fighters so far. The delivery of the jets comes as a part of a military agreement between Egypt and France that includes, alongside the jets, a FREMM …
The Tehran government has placed Russian-supplied anti-aircraft missiles at the Fordo nuclear facility. The uranium enrichment plant was due to be scaled down under last year’s deal with world powers.
An Australian teenager has made history by becoming the youngest person to fly solo around the world in a single-engine aircraft. It took the Queenslander seven weeks in his Cirrus SR22 propeller plane.
The aircraft manufacturer has reduced its forecast for A380 deliveries to avoid a production glut. But the company’s chief executive appeared optimistic, saying the four-engine jet “is here to stay.”
Order backlogs, Brexit concerns, slowing demand in Asia – pressure on the aircraft industry is mounting. And yet the two biggest players came out with big deals and high hopes at the sector’s key trade show.
The world’s biggest air show is due to start in England on Monday amid pressure on the industry’s leaders to juggle growing concerns over jetliner demand and record production plans.
Meticulous security procedures of aircrafts and airports cannot be 100% guaranteed
Local investigative committee examines aircraft technical history
Turkey downed a Russian Su-24 aircraft, saying it violated its airspace
Turkey claims the plane violated its airspace, Russia denies
Bodies will be evacuated to Cairo, according to the cabinet
Sukhoi Superjet 100 is a medium-range aircraft that can accommodate up to 95 passengers
In a bid to improve services at Egyptian airports, new development projects and partnerships are set to balance shortfall in reduced tourism
Civil Aviation Minister Abdel Aziz Fadel stated that this move comes alongside efforts to further develop EgyptAir’s aircraft fleet.