EgyptAir scales back its fleet renewal plans
EgyptAir has reduced its intended fleet renewal and expansion plans given Egypt's continued weak economic outlook, reports ch-aviation.
Egyptian Minister of Civil Aviation, Sherif Fathi, told the country's parliament this week that the state-owned carrier had originally planned to operate a fleet of 105 aircraft by 2021. However, given the decline in the value of the Egyptian Pound, that number has now been revised down to ninety-three with additional reviews likely in the interim.
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