EgyptAir slated to become holding company.

Airline Industry Information | April 11, 2001 | Copyright

AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD

EgyptAir, the state-owned Egyptian carrier, is to become a holding company according to reports in local newspapers.

The government is apparently studying the proposal and may turn the carrier into a holding company comprised of four units, including aviation, ground services and maintenance, tourism and duty-free shopping, and EgyptAir's stakes in other companies according to the state-owned ...

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