History
The airline was established by Dr Ibrahim Kamel's Kato Group, in conjunction with a consortium of Egyptian travel agents. It started operations in 1997. In 2003 EgyptAir acquired 40% (later increased to 60%) of the airline and the existing Tupolev fleet and operations were transferred to a new company, Cairo Aviation. Air Cairo was then re-positioned as a new charter airline and EgyptAir subsidiary operating domestic and international charter services.
Recently, the company is re-modeling towards the low fare model which is planned to be the strongest low fare airline in Egypt. On 1 June 2012 Air Cairo launched its first ever scheduled flight from Borg El Arab Airport Alexandria to Kuwait International Airport.
Read more about this topic: Air Cairo
Famous quotes containing the word history:
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)
“Well, for us, in history where goodness is a rare pearl, he who was good almost takes precedence over he who was great.”
—Victor Hugo (1802–1885)
“We aspire to be something more than stupid and timid chattels, pretending to read history and our Bibles, but desecrating every house and every day we breathe in.”
—Henry David Thoreau (1817–1862)