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Nile Air

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Nile Air

IATA Code
NP
ICAO Code
NIA
Corporate Address
8/Block 1140 Abdel Hamid Badawy St.
Sheroton Heliopolis
Cairo
Egypt
Website
http://www.nileair.com
Main hub
Cairo International Airport
Country
Egypt
Business model
Full Service Carrier

Nile Air, which commenced operations in March 2011, is an Egyptian airline based at Cairo International Airport. The airline is a subsidiary of Al-Tayyar Group Egypt and operates scheduled services to destinations in Egypt and the Middle east.

Location of Nile Air main hub (Cairo International Airport)


 
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8 total articles

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6,348 total articles

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More than 30 airlines consider IPOs as market improves

14-Oct-10 4:42 PM

There are more than 30 airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources, coinciding with an improved economic environment. Aircraft deliveries are also accelerating, with more than 1,300 aircraft scheduled for delivery this year alone, prompting the need for additional financing.

Egyptair CEO, Hussein Massoud EgyptAir targeting improved full-year profits; no LCC plans yet, as new entrants increase pressure

18-Aug-10 9:00 PM

EgyptAir Holding company Chairman and CEO, Hussein Massoud, stated the carrier plans to increase full-year profits by nearly a third, commenting that the carrier is currently “making a profit", and adding: "We are planning to see more this year”. The company is targeting a USD132 million profit in the 12 months to Jun-2011, a 31% year-on-year increase.

New entrants continue to be launched around the world, despite challenging economic environment

10-Dec-09 5:27 PM

Start-up carriers are continuing to enter the market in most places in 4Q2009, taking advantage of lower aircraft prices, as well as airline failures and/or capacity reductions by rivals in some markets. Several of the new carriers are the result of cross-border expansion by airlines in emerging markets, such as Eastern Europe and Africa.

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