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EgyptAir is the national airline of Egypt and is owned by the Egyptian government. The airline uses the IATA designator MS. Egyptair Boeing 777 Founded in 1932, it operates a fleet of 32 passenger and 2 cargo planes (as of 2003) of Airbus and Boeing makes, over Africa, Asia, Europe and North America. Based in Cairo, it was the first airline in the Middle East to operate jet liners. It employs about 22,000 people and claimed total worldwide revenues in fiscal 2000 of US $1,000 M, with profits of US $35 M. EgyptAir also owns and operates the subsidiary Air Sinai, which flies some domestic routes as well as the international route to Tel Aviv. Together with its wholly-owned subsidiary Sinai Air, its safety record rates an “F’, the worst grade possible, according to Air Rankings Online (see rankings at Airline Rankings (http://www.airsafetyonline.com/safetycenter/reportcard.shtml)) Notable fatal events include:
The airline was restructured in 2002 to improve efficiency. A new take-off? (http://weekly.ahram.org.eg/2003/640/eg9.htm)
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