Egypt parliament recommends restructuring EgyptAir owing to service deficiency

The Tourism and Civil Aviation Committee of Egypt's House of Representatives recommended on Wednesday a comprehensive restructuring of the EgyptAir Holding Company to address its recent service deficiencies. These recommendations were prompted by the recent exclusion of EgyptAir, the flag carrier, from both the top 100 global airlines ranking and the list of the top 10 Arab airlines. The committee convened in the presence of Minister of Civil Aviation Mohamed Helmy, EgyptAir officials, and other figures. Nora Ali, chairperson of the committee, emphasized EgyptAir's prominent status as one of the oldest Arab airline companies, ranking second in Africa. “The company was the first in the Middle East and seventh worldwide to become a member of the International Air Transport Association,” she said. Ali stressed the need for EgyptAir to conduct thorough and regular safety and security assessments, particularly concerning aircraft leasing and procurement contracts. She highlighted the importance of maintaining high performance evaluation standards. The committee also called for the introduction of competition from the private sector to drive development, offering improved services and competitive pricing, thereby contributing to an increase in tourist numbers. During the session, Helmy said that investments in air transport reached EGP 28.83b ($660m) between 2014 and 2023, encompassing various enhancements.<br/>
Ahram Online
https://english.ahram.org.eg/NewsContent/1/1235/515954/Egypt/Urban--Transport/Egypt-parliament-recommends-restructuring-EgyptAir.aspx
1/17/24