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Egyptian Aviation Authority rejects Fly Egypt's liquidation request

Outstanding liabilities include contracts with travel companies in Germany and Italy as well as debts to leasing companies.
24.10.24 | Source: aviation direct

The Egyptian Civil Aviation Authority has rejected the liquidation request of the airline Fly Egypt. The request came after the last aircraft was struck off the Egyptian aviation register. The Egyptian Civil Aviation Authority (ECAA) requires that all outstanding debts be settled before the liquidation request can be approved.


Outstanding liabilities include contracts with travel companies in Germany and Italy as well as debts to leasing companies. In addition, Fly Egypt has financial obligations to the national air traffic control service, various airports and its employees. The airline was founded in 2014 and served various destinations in Germany before the pandemic. Its last operational aircraft was a Boeing 737-800.


 

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