Business
Egypt aviation minister outlines $4.8 billion sector revenues and expansion plans
October 23, 2026 at 12:30 AM
Coverage
3 reports · over 7 hours
Egypt's Civil Aviation Minister Sameh El-Hefny has presented the sector's revenue figures and expansion strategy at the Egypt Forum 2026 session.
- El-Hefny told the forum that civil aviation sector revenues reached $4.8 billion in fiscal year 2025/2026.
- He announced a $4.2 billion project to build a fourth passenger terminal at Cairo International Airport.
- He stated EgyptAir's accumulated losses fell from EGP 31.5 billion to EGP 5.9 billion, targeting full elimination within two years.
- He said the ministry plans to offer 11 airports to private operators, excluding Cairo, with Hurghada as the pilot project.


