By Mohamed Attia
During a recent session at the Egyptian Senate the Minister of Civil Aviation Sameh el-Hefny announced that EgyptAir has achieved its highest financial results since the company was founded.
For the 2024/2025 fiscal year, the national carrier reached record profit levels in both local and foreign currencies.
The Minister attributed this success to the company’s effective development plans, better use of resources, and a strong focus on improving overall operational efficiency.
The Minister also shared insights into the global standards of the aviation industry.
He explained that airline ratings are based on strict technical and operational rules.
While some aim for a five-star rating, many world-class airlines operate successfully within the four-star category without compromising service quality.
He emphasised that EgyptAir remains committed to high standards as it continues to modernise its fleet and upgrade services for all passengers.
Addressing the financial challenges of the industry, el-Hefny noted that aviation is a highly sensitive business with very thin profit margins, usually between 2% and 4%.
He highlighted how external factors, such as global fuel price spikes caused by international conflicts, can have a massive impact on costs. For instance, recent price surges earlier this year resulted in unexpected expenses of approximately $53 million for the airline.
Looking ahead, the Ministry is focusing on a broad strategy to strengthen the entire civil aviation sector.
This includes increasing the capacity and efficiency of Egyptian airports to handle more traffic.
By modernising the EgyptAir fleet and meeting international service standards, the government aims to make the sector more competitive on both a regional and global scale.
