Company: Egyptair
Country: Egypt
Sector: Transport
CEO: Captain Ahmed Adel (Chairman and CEO, as of 2025)
Website: https://www.egyptair.com/
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: EgyptAir Administrative Complex, Cairo International Airport, Cairo, Egypt
Founded: 1932 (as Misr Airlines)
Valuation/Revenue: $2,015m revenue (African Business Top 250, 2025 ranking); the holding company had previously reported record revenue of $1.14bn for the fiscal year ending July 2007, with subsequent years including 2023/24 and 2024/25 reportedly generating record profits, though detailed current figures were not independently verified
EgyptAir is Egypt’s state-owned national flag carrier and one of Africa’s oldest continuously operating airlines, providing scheduled passenger and cargo services connecting Cairo to destinations across Africa, Europe, Asia and the Americas. Wholly owned by the Egyptian government, it operates through a holding company structure established in 2002 and is a member of the Star Alliance global airline network.
What Does EgyptAir Do?
EgyptAir operates scheduled passenger and freight flights from its Cairo hub to a network described in company materials as spanning 84 international destinations and nine domestic routes across 56 countries in Africa, Europe, Asia and the Americas. Beyond the core passenger airline, the EgyptAir Holding Company umbrella includes related aviation businesses such as ground handling, catering, maintenance and cargo services, reflecting a vertically integrated national airline group structure common among Middle Eastern and African flag carriers.
How Big Is EgyptAir?
African Business magazine’s Top 250 African companies ranking for 2025 placed EgyptAir’s revenue at approximately $2.0 billion. Historical company disclosures cited a record total revenue of $1.14 billion for the fiscal year ending July 2007 for the holding structure, and more recent years — including the 2023/24 and 2024/25 fiscal years — have reportedly delivered record profits for the carrier, benefiting from post-pandemic recovery in international air travel demand and Egypt’s continued importance as a tourism and transit hub, though granular current-year financial disclosures are not consistently public.
Who Owns EgyptAir?
EgyptAir is 100% owned by the Government of Egypt. It operates through EgyptAir Holding Company, established in 2002 specifically to allow the carrier’s management a degree of commercial and operational autonomy — intended to let the airline function similarly to a privately run business despite full state ownership, reducing direct day-to-day government interference in commercial decisions.
Who Is the CEO of EgyptAir?
Captain Ahmed Adel has served as Chairman and CEO of EgyptAir, a role confirmed in reporting from February 2025. As is typical for many flag carriers, EgyptAir’s top leadership has historically been drawn from senior aviation and piloting backgrounds within the airline itself.
Is EgyptAir Still Operating in 2026?
Yes. EgyptAir remains Egypt’s active national carrier and Star Alliance member, continuing to operate its international and domestic network, with recent years described in industry coverage as record-setting for profitability amid strong regional air travel demand.
How Does EgyptAir Compare to Its Competitors?
Within Africa and the Middle East, EgyptAir competes with other major flag carriers including Ethiopian Airlines (widely regarded as Africa’s largest and most profitable airline), Royal Air Maroc, Kenya Airways, and Gulf-based long-haul carriers such as Emirates, Qatar Airways and Etihad, which compete heavily for transit passenger traffic through their hub airports. EgyptAir’s position benefits from Cairo’s central geographic location as a crossroads between Africa, Europe and Asia, though it faces intense competitive pressure from the much larger scale and network reach of the leading Gulf carriers.
Where Is EgyptAir Headquartered?
EgyptAir’s head office is located at the EgyptAir Administrative Complex on the grounds of Cairo International Airport in Cairo, Egypt.
Links
Website: https://www.egyptair.com/
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is EgyptAir government-owned?
Yes, 100% owned by the Government of Egypt, operating through EgyptAir Holding Company since 2002.
Who is the CEO of EgyptAir?
Captain Ahmed Adel, as Chairman and CEO, per 2025 reporting.
How old is EgyptAir?
It was founded in 1932 as Misr Airlines, making it nearly a century old.
Is EgyptAir part of an airline alliance?
Yes, it is a member of the Star Alliance.
How much revenue does EgyptAir generate?
Approximately $2.0 billion, per African Business magazine’s Top 250 African companies ranking for 2025.
Where is EgyptAir headquartered?
At Cairo International Airport, Cairo, Egypt.
What Fleet Does EgyptAir Operate?
EgyptAir’s fleet is built around a mix of Airbus and Boeing narrow-body and wide-body aircraft, used to serve both short-haul regional routes within Africa and the Middle East and longer-haul routes to Europe, Asia and North America. As Egypt’s flag carrier, the airline has periodically renewed and expanded its fleet as part of broader efforts to modernize operations, improve fuel efficiency and support Cairo’s role as a regional aviation hub connecting African, European and Asian markets.
What Role Does EgyptAir Play in Egypt’s Tourism Economy?
Tourism is one of Egypt’s most important sources of foreign currency earnings, and EgyptAir functions as critical transport infrastructure supporting that sector, carrying millions of visitors to destinations such as Cairo, Luxor, Aswan, Hurghada and Sharm El-Sheikh each year. This close link between the airline’s fortunes and Egypt’s broader tourism and economic performance means EgyptAir’s traffic volumes and profitability are closely watched as an informal barometer of the country’s tourism recovery, particularly following periods of disruption from regional instability, the COVID-19 pandemic, and fluctuating global travel demand.