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Article: EgyptAir slated to become holding company.
- Article from:
- Airline Industry Information
- Article date:
- April 11, 2001
CopyrightCOPYRIGHT 2001 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD
EgyptAir, the state-owned Egyptian carrier, is to become a holding company according to reports in local newspapers.
The government is apparently studying the proposal and may turn the carrier into a holding company comprised of four units, including aviation, ground services and maintenance, tourism and duty-free shopping, and EgyptAir's stakes in other companies according to the state-owned ...