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:
“The history of all previous societies has been the history of class struggles.”
—Karl Marx (1818–1883)