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Name: AIR ARABIA EGYPT
7JetSet7 Code: AGP
Status: Operational
Region: AFRICA
City: ALEXANDRIA
Country: EGYPT
Employees 47
Web: airarabia.com
Email: contactus@airarabia.com
Telephone: +20 34553113
Fax:
Sita:
Background
(definitions)

Formed and started operations in 2010. Regional & international, scheduled & charter, passenger & cargo jet airplane services.

EGYPT (ARAB REPUBLIC OF EGYPT): POPULATION: 72 MILLION. ESTABLISHED IN 1922. EGYPT'S HUGE AND GROWING POPULATION, IS AMONG THE BEST-EDUCATED - AND WORST EMPLOYED - IN THE ARAB WORLD. IN THE LAST 50 YEARS, SINCE NATIONALISTS OUSTED A CONSTITUTIONAL MONARCHY, AND THE LAST VESTIGES OF BRITISH CONTROL, EGYPT HAS BEEN DEMOCRATIC, BUT AUTHORITARIAN. COVERS AN AREA OF 1,001,449 SQ KM, ITS CAPITAL CITY IS CAIRO, AND ITS OFFICIAL LANGUAGE IS ARABIC.

April 2010: 1st A320-200 (SU-AAA) received of 2 A320s to start operations.

May 2010: Air Arabia Egypt (AGP) confirmed it has received its Air Operators Certificate (AOC) from the Egyptian Civil Aviation Authority.

(AGP) is a joint venture (JV) between Air Arabia (ABZ), Egyptian travel and tour operator the Travco Group and a private investor with start-up capital of $50 million. (AGP) plans to expand to 4 airplanes before the start of the winter schedule and will serve destinations in Europe, the Middle East and Africa.

Plans to launch operations from Alexandria in June starting with flights to Kuwait and Sudan.

2 A320-214s (2764, SU-AAA; 3152, SU-AAB), ex-(A6-ABF; & A6-ABN), deliveries.

July 2010: Air Arabia Egypt (AGP) launched 4x-weekly, Alexandria - Abu Dhabi service.

June 2011: Air Arabia (ABZ) decided to delay the launch of a base in Amman owing to the social and political unrest in the region and high fuel prices. “With the current environment, we have delayed the Jordan plans, we will review the situation and take a decision,” said (CEO) Adel Ali. “Jordan is stable, but countries like Syria, Egypt and Tunisia are still facing political instability. There is a lot going on in the region and with the current fuel prices, we thought this was not the right time.”

(ABZ) signed a joint venture (JV) agreement with the Tantash Group, a Jordan-based diversified investment company active in the travel sector, last June to launch a Low Cost Carrier (LCC), Air Arabia Jordan. Although it did not specify a start date or scale of the planned operations, the partners did stress that “Air Arabia Jordan, the first (LCC) based in the Hashemite Kingdom, will provide direct service to a range of destinations across the Europe, Middle East and North Africa region from Queen Alia International Airport.”

The Air Arabia Group launched its 1st non-(UAE)-based (LCC) in Casablanca in April 2009 and in June 2010 commenced operations from its 3rd hub in Alexandria, offering flights to the Gulf and the Middle East and North Africa region.

It posted a net profit of +AED44.2 million/+$12 million for its fiscal 1st quarter ended March 31, down -12% compared to +AED50 million in the year-ago period. Revenue rose +6% to AED513 million on a +11% increase in passengers carried to 1.2 million. Load factor averaged 85% LF, a +6 points gain on the year-ago period.

Air Arabia Egypt (AGP) launched Alexandria service to Riyadh (2x-weekly) and Dammam (3x-weekly).

October 2011: Air Arabia Egypt (AGP) is a start-up subsidiary of Air Arabia (ABZ) operating as a low cost carrier (LCC) on scheduled services from Alexandria to Khartoum and Kuwait. Plans call for domestic services to Hurghada, Luxor, and Sharm El Sheikh and international flights to destinations in France, Italy, Morocco, Portugal, Spain, Tunisia, and the United Kingdom.

(IATA) Code: E5. (ICAO) Code: RBG.

Parent organization/shareholders: Travco Group (50%); Air Arabia (ABZ) (40%); & Egyptian private investors (10%).

Main Base: Alexandria International airport (AEX).

May 2013: (AJW) Aviation has been selected by low cost carrier (LCC) Air Arabia Egypt (AGP) to provide power-by-hour support and leased inventory for 2 A320s.

December 2014: All airlines from Libya have been added to the European Commission (EC)’s aviation safety list, also known as the "airline blacklist," subject to an operating ban or operational restrictions within the European Union (EU).

The updated (EU) Air Safety List now includes Libya, but otherwise remains unchanged, with no countries removed from the list in this update.

(EU) Commissioner for Transport, Violeta Bulc said: “Recent events in Libya have led to a situation whereby the Civil Aviation Authority (CAA) is no longer able to fulfill its international obligations with regard to the safety of the Libyan aviation sector. My priority in aviation is passenger safety, which is non-negotiable, and we stand ready to help the Libyan aviation sector as soon as the situation on the ground will allow for this.”

Bulc said she was pleased to see that “progress has been made in a number of countries whose carriers are on list, notably the Philippines, Sudan, Mozambique, and Zambia. Hopefully, this progress can lead to a positive decision in the future.”

The updated air safety list includes all airlines certified in 21 states, for a total of 308 airlines fully banned from (EU) skies: Afghanistan, Angola, Benin, Republic of the Congo, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Eritrea, Gabon (with the exception of three airlines that operate under restrictions and conditions), Indonesia (with the exception of 5 airlines), Kazakhstan (with the exception of one airline which operates under restrictions and conditions), Kyrgyzstan, Liberia, Libya, Mozambique, Nepal, Philippines (with the exception of 2 airlines), Sierra Leone, São Tomé and Príncipe, Sudan, and Zambia. The list also includes 2 individual airlines: Blue Wing Airlines (Suriname) and Meridian Airways ((CPB) (Ghana), for an overall total of 310 airlines.

The list also includes 10 airlines that may only operate into the (EU) using specific aircraft types. These are Air Astana (AKZ) (Kazakhstan), Afrijet (FRJ), Gabon Airlines and SN2AG (Gabon), Air Koryo (KOY) (Democratic People's Republic of Korea), Airlift International (AGH) (Ghana), Air Service Comores (the Comoros), Iran Air (IRN), (TAAG) Angolan Airlines (ANG) and Air Madagascar (MAD).

The (EU) air safety list covers airlines that are either considered to be unable to respect international aviation safety standards, or whose Civil Aviation Authorities (CAA)s are deemed unable to provide the necessary safety oversight as foreseen by international aviation safety rules. Some are banned outright from operating to the (EU), while others can only do so under very strict conditions. The list also serves as a tool to warn the traveling public, when traveling in other parts of the world.

The (EU) air safety committee, which draws up the list, consists of aviation safety experts from the Commission, each of the 28 member states of the Union, Norway, Iceland, Switzerland, and the European Aviation Safety Agency (EASA).

Fleet:
(definitions)

May 2016:

2 A320-214 (CFM56-5B4/P) (2764, /06 SU-AAA; 3152, /07 SU-AAB), 2010-05. EX-(A6-ABF; & A6-ABN). 162Y.

0 A320-214 (CFM56-5B4/P), 3246, SU8-AAC), RTND (ABZ) AS (A6-ABM) 2013-01. 162Y.

Management:
(definitions)

 
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