 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.
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.
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Showing posts with label Aerotropolis. Show all posts
Showing posts with label Aerotropolis. Show all posts
Tuesday, October 1, 2013
■ EGYPT: Egyptair's revenue has risen 60% on last year's numbers, Cairo Aerocity to get underway soon: Fadel
 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.
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.Wednesday, August 21, 2013
■ SOUTH AFRICA: Gauteng calls for study on potential new international airport for Johannesburg as part of 25-Year Transport Plan.
 The Gauteng MEC for Roads and Transport, Dr Ismail Vadi, this week released the "25-Year Integrated Transport Master Plan (ITMP25)" for Ekurhuleni, the local authority and government for Gauteng, South Africa's former East Rand area, to ensure province-wide mobility in future for all residents. The 25 year plan, developed by an inter-disciplinary team of experts led
 by Gautrain CEO Jack van der Merwe, provides an assessment of the 
current transport and land-use challenges. It also forecasts economic 
and population growth scenarios, which have been used to plan the future
 transport needs and solutions in the province. Pertaining to aviation, the Plan states that OR  Tambo  International  Airport  will  remain the main airport serving Gauteng and South Africa but notes that "a thorough study should be done to determine the feasibility and, if found necessary, land should be reserved to develop a second major airport in Gauteng which can accommodate wide body aircraft up to and including the A380."
The Gauteng MEC for Roads and Transport, Dr Ismail Vadi, this week released the "25-Year Integrated Transport Master Plan (ITMP25)" for Ekurhuleni, the local authority and government for Gauteng, South Africa's former East Rand area, to ensure province-wide mobility in future for all residents. The 25 year plan, developed by an inter-disciplinary team of experts led
 by Gautrain CEO Jack van der Merwe, provides an assessment of the 
current transport and land-use challenges. It also forecasts economic 
and population growth scenarios, which have been used to plan the future
 transport needs and solutions in the province. Pertaining to aviation, the Plan states that OR  Tambo  International  Airport  will  remain the main airport serving Gauteng and South Africa but notes that "a thorough study should be done to determine the feasibility and, if found necessary, land should be reserved to develop a second major airport in Gauteng which can accommodate wide body aircraft up to and including the A380."Tuesday, August 6, 2013
■ EGYPT: Cairo's proposed aerotropolis, "Cairo AeroCity", attracts $3billion in initial bids.
 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.
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.
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.
Labels:
Abuja,
Aerotropolis,
Construction,
Infrastructure,
Kano,
Lagos,
Nigeria,
Nigeria Government,
Port Harcourt
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.
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.
Labels:
ACSA,
Aerotropolis,
Bloemfontein,
South Africa,
South Africa Government
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.
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. 
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