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Airline Finance News - Africa / Middle East.


Jun 18, 2007

Lufthansa, EgyptAir

Lufthansa and EgyptAir announced a codeshare agreement Code sharing is a business term which was first originated in the airline industry in 1990 when the Australian airline, Qantas Airways and the US's American Airlines combined services between an array of US domestic cities and Australian cities.  yesterday that they said will be part of a close cooperation between the two and that will boost rumors For other uses, see Rumor (disambiguation).

Rumors is a farcical play by Neil Simon.

At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary.
 that the African carrier is being courted by Star Alliance. A source close to the tie-up confirmed that there have been discussions about EgyptAir's potential membership. Jun 15, 2007

Sudan Airways Sudan Airways is the national airline of Sudan and is a member of the Arab Air Carriers Organization. History
Sudan Airways was formed by Sudan Railways in 1947 to serve parts of the country that no railways reached. The initial fleet was four de Havilland Doves.
 

Sudan Airways this week announced that it will be partially privatized. The government will keep 30% while Kuwait's Aref Investment Group will take 49% and Sudan's Faiha Holding will have 21%. The move is part of a privatization privatization: see nationalization.
privatization

Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned
 program launched by the government in 2004. "The three parties are expecting a successful cooperation and a historic boost for the airline in all aspects," the carrier said, adding that its "final destination. . .is the transformation of Sudan Airways into a stock market company." Jun 13, 2007

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Comment:Airline Finance News - Africa / Middle East.
Publication:Airguide Online
Date:Jun 18, 2007
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