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Minister of Civil Aviation Dr. Sameh Hafni confirmed at a press conference today that rumors regarding the sale of Egyptian airports to foreign parties are not true, stating that Egyptian airports are fully owned by the state and its assets are subject to Egyptian sovereignty.
He said EgyptAir would undertake restructuring measures to increase revenue and provide passengers with the highest quality service, noting that the company’s losses had fallen to £16 billion.
The minister added that, according to a statement from the ministry on Sunday, the Egyptian government is implementing a comprehensive strategy to improve airport efficiency and increase airport capacity by implementing a series of infrastructure development projects and strengthening the role of the private sector in its participation in attracting more investment in the civil aviation sector, aimed at improving the level of services provided to passengers through airports.
Dr. Sameh Al-Hafni stated that studies are currently being conducted to determine which airports will be offered to the private sector in order to provide better services to passengers while achieving profitability, which is in the national interest. The importance of improving the level of services provided by various airports, as well as the participation of the private sector in management, will reduce the burden on the Egyptian state.
The Minister stressed that this is not new for the civil aviation sector, as we have had some successful experiences before, including in various types of models implemented, including the experience of Marsa Alam Airport with the “BOT” system, as well as strategic partnerships with international companies, which was implemented with EgyptAir and Duty Free.
He said the civil aviation industry has global practices in this regard and will hire international experts and consulting agencies to conduct preliminary research, identify various standards, and evaluate the most appropriate recommendations.
He explained that one of the most important tasks of the Ministry of Civil Aviation in the current period is to improve the services provided to passengers at various airports, pointing out that improving services can enhance the value of passengers’ travel experience and establish a positive image of civil aviation. Egyptian tourist attractions.
Sameh El-Hafny stressed that EgyptAir is one of the armed forces of the Egyptian state, always present in any crisis and playing many important national roles in all situations.
The minister pointed out that according to the results of the last fiscal year, the company’s losses have been reduced to 16 billion pounds, stressing that the company’s growth is now more developed and profitable, and the evidence of this is the reduction in losses, adding that EgyptAir will take restructuring measures to increase the company’s revenue and achieve the highest passenger quality.
He explained that EgyptAir is an economic entity that seeks to be profitable and competitive, in addition to being a national carrier in the field of air transport. EgyptAir’s fleet development plan has been reviewed and is planned to reach 125 aircraft by the end of 2030. The company also seeks to expand its route network to 100 to connect people around the world.
He said there is no protection for any company as this is an unacceptable principle, but we support all entities within the civil aviation system, including EgyptAir, Cairo Air and private airlines.
He pointed out that there is a difference between protection and support, since EgyptAir does not provide any type of protection at the expense of other companies, as some people claim, and we must provide opportunities to the Egyptian citizen, encourage him to travel and provide him with a variety of travel options from which he must choose.
The minister confirmed that the ministry’s airlines, especially EgyptAir, are looking to expand flights on the African continent.
Dr. Sameh El-Hafny stated that EgyptAir has launched new routes to Djibouti and Mogadishu, noting that this move is to strengthen cooperation and connections between the peoples of the African continent and is in line with the strategy of the Ministry of Civil Aviation to build bridges for effective cooperation on the African continent.
He explained that the ministry is seeking to realize its ambitious plans to open more routes in the promising African market, with EgyptAir’s network planned to cover 32 airports in 30 African countries by 2028, operating 276 flights per week.
He pointed out that the current effective cooperation efforts with the Ministry of Tourism will help increase the flow of tourists from all over the world to Egypt, especially as more than 95% of tourists come to Egypt by flight.
He said: Tourism and aviation are two sides of the same coin and work in a complementary manner, in full coordination with the Minister of Tourism and Antiquities Fathi Sharif.
Al-Hafny explained that the Ministry of Civil Aviation and all its affiliated institutions are making every effort to organize the “Egypt International Aerospace Exhibition 2024”, which will be held from September 3 to 5, 2024, and stressed that the exhibition reflects Egypt’s great progress in this field in strengthening Egypt’s position as a regional center for aerospace, and is also a unique platform that will help strengthen international cooperation in the field of air transport industry. Aviation, space and defense experts from all over the world will attend.
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