What Happened
Egyptian Carrier Shifts To Direct Ownership For Fleet Expansion
Air Cairo, the low-cost carrier majority-owned by EgyptAir, has signed a firm order for 15 Airbus A320neo aircraft, marking its first direct purchase after operating an entirely leased fleet since its launch in 2003. The move is intended to support financial flexibility as the carrier scales up capacity across domestic, regional, and international routes. Air Cairo aims to grow its fleet to over 130 aircraft by 2034, with this order being a significant step towards that goal, as reported by Aviation Business News.