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Tuesday, June 5, 2012

► EGYPT: Egyptair Express mulls fleet renewal before expanding into Africa.

Egyptair Express
Following on from the events of last year's Arab Spring and consequently a very difficult financially 2011 whereby the airline's profits took a 75% plunge, Egyptair (MS) has decided to reorganize its fleet and route operations by offloading several of its "thinner" African routes to its subsidiary Egyptair Express (MSE).

Egyptair Express
Egyptair Express Embraer E-170LR
Possible routes to be moved to Egyptair Express are Cairo to: Khartoum, Sudan, Asmara, Eritrea and Juba, South Sudan all which are presently served by the Boeing 737-500, whose capacity appears to have come in under Egyptair's proposed policy of maintaining only 140+ seater aircraft in its main fleet. In the interests of fleet renewal and of finding suitable aircraft for these new routes, Egyptair is considering the Embraer E-190 or Bombardier CSeries.

"It has also used Embraer aircraft to increase frequencies. Following the sharp drop in passenger numbers after the Egyptian revolution in early 2011, it moved some strategic short-haul routes to the E-170LR fleet to maintain frequencies and transferred non-strategic short-haul routes to the Brazilian aircraft to preserve market presence."
Read More Here [ATW]

Presently,  EgyptAir Express operates 12 Embraer E-170LRs to destinations in Egypt, Greece, Hungary, Lebanon, Malta and Saudi Arabia.