Government: EgyptAir Is Not for Sale

Local Media

According to Egypt Today, The Media Center of Egypt’s Cabinet denied what was circulated on some media outlets and social media pages regarding the government’s intention to sell the state-owned flag carrier EgyptAir.

“EgyptAir emphasized that it is a national company that will remain state-owned and cannot be abandoned in any way because it is one of the state’s main arms in the aviation transport system,” the center said in a statement.

The company said that it has a development plan aimed at modernizing its fleet of aircraft, expanding its network of routes, and increasing the number of its flights.

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