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Egyptian airports not for sale, focus on efficiency and investment: Civil Aviation Minister

Sameh El-Hefny, the Minister of Civil Aviation, has dismissed rumours about selling Egyptian airports to foreign entities, affirming that they remain state-owned and under Egyptian sovereignty. The government is focusing on enhancing airport efficiency and capacity through infrastructure development projects, which include fostering private sector participation to attract more investments and improve traveller services.

During a press conference, El-Hefny mentioned ongoing studies to identify airports suitable for private sector involvement to enhance services and profitability. He noted that private sector participation in management would alleviate the burden on the government and bring diverse expertise.

El-Hefny highlighted previous successful experiences in the civil aviation sector, such as the Marsa Alam Airport project under the BOT system and strategic partnerships with international companies for EgyptAir Maintenance and Duty-Free operations.

Global practices in the civil aviation industry will be followed, with international consultancy firms conducting preliminary studies and evaluating proposals. El-Hefny clarified his role, emphasizing support for all entities within the civil aviation system, including EgyptAir, Air Cairo, and private airlines, to provide the public with various travel options.

He further explained that EgyptAir plays crucial national roles during crises, such as evacuating Egyptians from Libya and its efforts during the COVID-19 pandemic. The company’s financial losses have decreased to EGP 16bn, and it is now more developed and profitable. EgyptAir will undergo restructuring to boost revenues and deliver high-quality services, aiming to be profitable and competitive while serving as the national carrier.

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