CBE, EBI launch 'Foundations of Fraud Combating' training programme for banking employees    Japan provides EGP 1bn grant to Egypt for Suez Canal diving support vessel    Gold prices rise by EGP 265 over past week    Egypt exports 236,000 tons of food in week – NFSA    FinMin calls on South Korean firms to seize opportunities in Egypt    Egypt's stocks start week in green on Sunday, 28 Dec., 2025    Netanyahu to meet Trump for Gaza Phase 2 talks amid US frustration over delays    Egyptian, Norwegian FMs call for Gaza ceasefire stability, transition to Trump plan phase two    Egypt leads regional condemnation of Israel's recognition of breakaway Somaliland    Health Ministry, Veterinarians' Syndicate discuss training, law amendments, veterinary drugs    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Spain discuss cooperation on migration health, rare diseases    Egypt's "Decent Life" initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Egypt flags red lines, urges Sudan unity, civilian protection    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Australia returns 17 rare ancient Egyptian artefacts    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Opening new vistas
Published in Al-Ahram Weekly on 06 - 08 - 2009

EgyptAir's domestic fleet is about to fly to a very hot spot. Amirah Ibrahim joins the first flight to Sharq Al-Owenat
In an unprecedented step, the national carrier EgyptAir has signed a MOR with Emirate investors to operate a new domestic route between Cairo and Sharq Al-Owenat in the New Valley Governorate near the southwest border. The new service is scheduled to serve the growing agricultural and industrial investments in this promising area.
Officials from EgyptAir Express, the domestic and regional airlines affiliated to the national carrier, and UAE's Janan Investments Company signed the agreement at Sharq Al-Owenat airport on Monday. Under the agreement, the airline will operate the new service on a regular basis with one weekly flight for the duration of one year.
The Sharq Al-Owenat project is part of Egyptian President Hosni Mubarak's election programme over the past decade. It was introduced as the hope for future generations to escape the crowded and limited valley of the river Nile and establish new communities in the western desert. The project aims to attract investors to cultivate 240,000 feddanes in Sharq Al-Owenat by 2017.
EgyptAir Chairman and CEO Tawfiq Asi explained that the new service had a good possibility to grow into a regular domestic destination as part of the carrier's domestic network. "The agreement reflects the national role that EgyptAir has been playing to boost the Egyptian economy since its establishment more than 75 years ago," stated Asi. "The fact is that as a flag carrier, our company has a social and national responsibility to work in cooperation with the government's developing projects, particularly in southern Egypt," he added. Asi indicated that operating the new service to such an isolated area would encourage more investors to participate in developing the area on a profit-making basis.
The EgyptAir Express ERJ170 jet took almost two hours to reach the small airport of Sharq Al-Owenat. The LE20 million airport was constructed in three months in 2003 to meet the needs of investors to bring equipment and to export crops. It occupies 36 square kilometres, with a main runway of 3500 m and a tarmac that can serve eight aircrafts. A simple terminal building can serve passengers at a rate of a hundred per hour. No automatic luggage conveyor is provided inside the terminal. The runway is not equipped with lights for night operation.
Janan Investment Co. is one of the leading Arab investment companies with a large scale agricultural and industrial business at Sharq Al-Owenat. After the signing, Janan's Chairman, Mohamed Rashed Al-Oteiba explained that the new service 'would facilitate transferring experts, technicians, engineers, workers and equipments to the project area as well as transferring products from Sharq al-Owenat to Cairo for export'.
According to EgyptAir Express Chairman Safiey Eddin Badawi, the new service will be operated every Sunday, begining on 27 of September. "Operating costs are to be covered under a 'share of risk' pattern where the Emirate partner covers the full costs of each trip, even if the flight is underused," explained Badawi. "In fact it's the first time for our company to operate such service to serve industrial and agricultural investors. We have two successful services operating on a 'share of risk' basis where investors pay the full costs of each trip. But both serve tourism projects."
EgyptAir Express operates two regular routes, the first between Cairo and Mersa Alam with five flights weekly, and the second between Cairo and Mersa Matrouh with two flights weekly. Both services are covered by investors.


Clic here to read the story from its source.