Travco to Launch New Egyptian Airline with $150m Investment

CAIRO — Travco Group plans to launch a new private Egyptian airline in November with investments estimated at $150 million, as Egypt moves to expand aviation capacity and capitalize on strong tourism growth despite mounting regional geopolitical and energy-market pressures. The announcement was made by Travco Chairman Hamed El Chiaty in statements to regional media, […] The post Travco to Launch New Egyptian Airline with $150m Investment appeared first on The Middle East Observer.