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Egyptair will split up in six parts and become Egyptair Holding

Cairo, Egypt - After Egyptian government gave its ok

The air carrier Egyptair is going to split up in 6 small companies and to become a holding company, after country's governement gave its approval. The operation, which aims to improve Egyptair economic strength, according to Aviation minister Ahmad Shafiq, will not affect airline employees in any way. Actual Egyptair president, Fahim Rayan will be confirmed as Egyptair Holding chairman. (m/...

AVIONEWS - World Aeronautical Press Agency - 29562
Rome, Italy, 06/06/2002 16:28
AVIONEWS - World Aeronautical Press Agency

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