Egyptair (MS) generated EGP20.7billion (USD3billion) in revenue for its latest 2012/2013 Financial Year, a rise of 63% on that recorded for 2011/2012, Egyptian Minister of Civil Aviation, Abdel Aziz Fadel, has announced. Speaking in Cairo outlining the current state of Egypt's civil aviation industry, Mr Fadel did however concede that, despite the rise in revenue, the airline was still struggling to turn a profit as it is saddled with EGP11.5billion (USD1.7billion) in debt.
Tuesday, October 1, 2013
Wednesday, August 21, 2013
■ SOUTH AFRICA: Gauteng calls for study on potential new international airport for Johannesburg as part of 25-Year Transport Plan.
Tuesday, August 6, 2013
Egypt's new Minister of Civil Aviation, Mr Abdel Aziz Fadel, says Cairo International Airport's Aerotropolis proposal, dubbed Cairo AeroCity, has thus far attracted USD3billion in initial bids in spite of the unstable political situation currently prevailing in the country.
Monday, July 8, 2013
■ NIGERIA: Government to move ahead with planned Aerotropolises in Lagos, Abuja, Kano and Port Harcourt.
The Nigerian Government will move ahead with plans to develop aerotropolises (an urban plan in which the layout, infrastructure, and economy is centred around an airport) in Lagos, Abuja, Kano and Port Harcourt. Currently the four cities' airports handle the bulk of Nigeria's passenger & cargo traffic.
Monday, May 13, 2013
■ SOUTH AFRICA: ACSA outlines plans for aerotropolis at Bloemfontein's Bram Fischer International Airport.
Hot on the heels of its larger northern neighbour, Johannesburg OR Tambo International Airport and its aerotropolis/aerocity plans, Bloemfontein's Bram Fischer International Airport is now set to launch its own bid for an aerocity.
Thursday, May 2, 2013
■ SOUTH AFRICA: Ekurhuleni to finalize plans for Aerotropolis project at Johannesburg OR Tambo International Airport during May.
Following the recently ended Global Airport Cities 2013 conference in South Africa, the city of Ekurhuleni has announced plans to finalize its previously announced 30-year aerotropolis master plan for Johannesburg OR Tambo International Airport during the course of May.