EgyptAir, the official carrier of Egypt, has mysteriously disappeared from the list of the best airlines globally and regionally according to Skytrax ratings. This unexpected exit has ignited a storm of controversy in the Egyptian Parliament.
Hanaa Anis Razek Allah, a member of the Egyptian Parliament, has submitted a briefing request to the Speaker of the House, Counselor Dr. Hanafi Jabali, concerning the national company’s exit from the list of the top 10 Arab and African companies.
In her briefing request directed to Egypt’s Minister of Civil Aviation, the MP stated, “The national company, EgyptAir, has faced significant challenges in recent years, the toughest since its establishment. Starting from the repercussions of the COVID-19 pandemic, which cost airlines around the world losses estimated at $314 billion according to global reports.”
The MP further explained that EgyptAir was no exception, suffering extensive losses as its travel movement saw a 66% drop. Since the beginning of the COVID-19 crisis in March last year until the end of 2022, EgyptAir has incurred losses estimated at about EGP 30 billion. The company’s monthly losses ranged between $700,000 and $800,000.
Despite these challenges, which are similar to those faced by Arab and African airlines, the national company has dropped out of the list of the top 100 companies globally according to Skytrax ratings. The list included 11 Arab companies, four of which are from the UAE.
The MP emphasized that EgyptAir, established in 1932, was once among the leading companies globally and was the seventh carrier at the global level. She stressed that the company urgently needs to regain its regional and global leadership.
