FlyEgypt, a Cairo-based Egyptian low-cost and charter operator has ceased operations and has subsequently canceled all future services with immediate effect. The operator, which operated a sole Boeing 737-800, had attempted to file for bankruptcy but has since seen its plans for liquidation halted by Egyptian aviation authorities.

The carrier, which was formed in 2014, had operated up to nine aircraft at the peak of its success but has since fallen on harder times, running up huge debts in the process. On October 21, 2024, the airline announced that it intended to file for bankruptcy without delay and canceled all planned future flights from Cairo International Airport (CAI) and Sharm El Sheikh International Airport (SSH).

However, rather than the airline simply declaring itself bankrupt and quietly liquidating its assets and closing, the Egyptian Civil Aviation Authority (ECAA) has halted this process, ordering the carrier to settle all outstanding debts owed to creditors before it can do so. The ECAA turned down the company’s request stating that it wished to surrender its operating license and to remove its one remaining aircraft from the national register.

Leave a Reply

Your email address will not be published. Required fields are marked *