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:
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)
“Considered in its entirety, psychoanalysis won’t do. It’s an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (1915–1987)