Major losses for air transport in Egypt

The air transport industry is facing EgyptAir decision’s to ban the transport of goods on its aircrafts heading to London and US airports, according to Tarek Darwish, head of the transport and air freight commission of the general exporters section at the Federation of the Egyptian Chambers of Commerce (FEDCOC).

Darwish said EgyptAir’s decision, as well as some European airlines, will exacerbate the air transport industry’s losses, which will in turn impacts exporters. There are over 146 air shipping companies that have been suffering from lack of space on commercial flights since the aircrafts used are small.

“The number of aircrafts used for transport is very limited and goods are often transported on commercial flights,” Darwish said. There are over 157 air transport companies working in Egypt, with business size of more than EGP 2.5m per year.