These recommendations were prompted by the recent exclusion of EgyptAir, the flag carrier, from both the top 100 global airlines ranking and the list of the top 10 Arab airlines.
The committee convened in the presence of Minister of Civil Aviation Mohamed Helmy, EgyptAir officials, and other figures.
Nora Ali, chairperson of the committee, emphasized EgyptAir's prominent status as one of the oldest Arab airline companies, ranking second in Africa.
“The company was the first in the Middle East and seventh worldwide to become a member of the International Air Transport Association,” she said.
Ali stressed the need for EgyptAir to conduct thorough and regular safety and security assessments, particularly concerning aircraft leasing and procurement contracts.
She highlighted the importance of maintaining high performance evaluation standards.
The committee also called for the introduction of competition from the private sector to drive development, offering improved services and competitive pricing, thereby contributing to an increase in tourist numbers.
During the session, Helmy said that investments in air transport reached EGP 28.83 billion ($660 million) between 2014 and 2023, encompassing various enhancements.
The minister said the number of passengers rose from 33 million in 2015 to 43 million in 2023. The target is to reach 109 million passengers by 2030.
In 2023, EgyptAir slipped out of the ranking of the top 100 global commercial airlines published by the British company Skytrax. The carrier had claimed the 95th position in 2022. The ranking is based on surveys conducted among international travellers.
In February 2023, Helmy said the company's weak performance and losses of EGP 30 billion in 2022 were primarily driven by the depreciation of the Egyptian pound against the US dollar since the devaluation wave began in 2016, coupled with the surge in aviation fuel prices.
Helmy recently suggested an improvement in the company's financial performance indicators in 1Q of FY 2023/2024, with an increase in the company's fleet from 71 to 81 aircraft.
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