EgyptAir to found airline in partnership with Ghana, implement restructuring soon

Chairman of EgyptAir Holding Roshdy Zakaria said Monday that the company is preparing a plan with Ghana Airways to found an airline that reaches western and southern Africa starting with four aircraft. The airline will be based in the capital of Ghana, Accra, and 75% of its shares will be held by Egypt while the rest will be owned by Ghana. Speaking of the restructuring EgyptAir is set to go through, Zakaria stated that the final format to be implemented will be EgyptAir Holding as the parent company, and five affiliates. Those are EgyptAir for Airlines, Cargo, Tourism, and Air Services; EgyptAir for Maintenance; EgyptAir for Land Services; EyptAir for Medical Services; and, the Duty Free. The official explained that legal and financial measures are being finalized for the execution to begin, and that current workers at EgyptAir companies will keep their job titles after the restructuring. With regard to the safety of crew members, Zakaria stated that they will get vaccinated as doses have been secured for them from the consignments that Egypt received.<br/>
Egypt Today
https://www.egypttoday.com/Article/3/99984/EgyptAir-to-found-airline-in-partnership-with-Ghana-implement-restructuring
3/22/21
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