Travco Group

Last updated

Travco Group
Industry Travel and Tourism
Founded1979
Headquarters 6th of October City, 6th of October Governorate, Egypt
Key people
Hamed El Chiaty (Chairman & CEO)
ProductsPassenger transport, travel agency, accommodation
Revenue LE 8.8 billion (2008) [1]
Number of employees
24,000 (2010)
Website www.travcogroup.com

The Travco Group is a travel and tourism company in Egypt. Travco Group provides tourist services, transport, ranging from air travel to cruises as well as accommodation for tourists. [2]

Contents

History

Travco Group was founded in Egypt in 1979 by Hamed El Chiaty. [3]

As of 2020, Travco Group owns and manages more than 50 hotels. [3]

Airline business

Travco and Sharjah-based Air Arabia operate Air Arabia Egypt, a joint venture airline based in Egypt. [4] Travco Group owns 50% of the airline with Air Arabia a further 40% and the remaining 10% owned by private Egyptian investors. [4]

Related Research Articles

<span class="mw-page-title-main">Scandinavian Airlines</span> Flag carrier of Denmark, Norway, and Sweden

Scandinavian Airlines, more commonly known and styled as SAS, is the flag carrier of Denmark, Norway, and Sweden. SAS is an abbreviation of the company's full name, Scandinavian Airlines System or legally Scandinavian Airlines System Denmark-Norway-Sweden. Part of the SAS Group and headquartered at the SAS Frösundavik Office Building in Solna, Sweden, the airline operates 180 aircraft to 90 destinations. The airline's main hub is at Copenhagen-Kastrup Airport, with connections to 109 destinations around the world. Stockholm Arlanda Airport is the second largest hub, with Oslo Airport, Gardermoen being the third major hub of SAS. Minor hubs also exist at Bergen Airport, Flesland, Göteborg Landvetter Airport, Stavanger Airport, Sola, and Trondheim Airport, Værnes. SAS Cargo is an independent, wholly owned subsidiary of Scandinavian Airlines and its main office is at Copenhagen Airport.

<span class="mw-page-title-main">Sharjah International Airport</span> Airport in Sharjah, UAE

Sharjah International Airport is an international airport located 7 nautical miles east-southeast of Sharjah, United Arab Emirates. It is spread over an area of 15,200,000 m2. It has one runway, and is the only airport in Sharjah capable of international flights as of 2022.

<span class="mw-page-title-main">Cairo International Airport</span> International airport serving Cairo, Egypt

Cairo International Airport is the principal international airport of Cairo and the largest and busiest airport in Egypt. It serves as the primary hub for Egyptair and Nile Air as well as several other airlines. The airport is located in Heliopolis, to the northeast of Cairo around fifteen kilometres from the business area of the city and has an area of approximately 37 km2 (14 sq mi).

<span class="mw-page-title-main">Air Arabia</span> Emirati low-cost carrier

Air Arabia is an Emirati low-cost airline with its head office in the A1 Building Sharjah Freight Center, Sharjah International Airport, UAE. The airline operates scheduled services to 170 destinations in the Middle East, North Africa, the Indian subcontinent, Central Asia and Europe to 22 countries from Sharjah, 28 destinations in 9 countries from Casablanca, Fez, Nador and Tangier, 11 destinations in 8 countries from Ras Al Khaimah, and 6 destinations in 4 countries from Alexandria. Air Arabia's main base is Sharjah International Airport. There are also hubs in Ras Al Khaimah and Abu Dhabi and focus cities in Alexandria and Casablanca.

<span class="mw-page-title-main">King Abdulaziz International Airport</span> Large international airport in Jeddah, Saudi Arabia

King Abdulaziz International Airport (KAIA), also known as Jeddah International Airport, is an international airport serving Jeddah, Saudi Arabia.

<span class="mw-page-title-main">Flynas</span> Saudi Arabian airline

Flynas, stylized flynas, formerly Nas Air, is a Saudi low-cost airline, the country's first budget airline. The company's head office is located in Riyadh.

<span class="mw-page-title-main">Air Cairo</span> Egyptian airline

Air Cairo is a hybrid airline based in Cairo, Egypt. The airline is part owned by Egyptair. Air Cairo operates scheduled flights to the Middle East and Europe and also operates charter flights to Egypt from Europe on behalf of tour operators. Its base is Cairo International Airport, Sharm El Sheikh International Airport and Hurghada International Airport with the company head office in the Sheraton Heliopolis Zone.

<span class="mw-page-title-main">TUI fly Deutschland</span> German airline

TUI fly Deutschland, formerly TUIfly, is a German leisure airline owned by the travel and tourism company TUI Group. It is headquartered at Hannover Airport with bases at several other German airports. TUI fly Deutschland is part of TUI Group's airline unit.

<span class="mw-page-title-main">Hurghada International Airport</span> Airport in Egypt

Hurghada International Airport is the international airport of Hurghada in Egypt. It is located inland, 5 km (3.1 mi) southwest of El Dahar, the downtown of Hurghada. It is the second busiest airport in Egypt after Cairo International Airport and an important destination for leisure flights mainly from Europe.

<span class="mw-page-title-main">Nile Air</span> Egyptian airline

Nile Air is an Egyptian airline based at Cairo International Airport that operates scheduled services to destinations in Egypt and the Middle East, the Persian Gulf, Southern Europe, Asia and Africa. Nile Air is the largest private airline in Egypt and second only to Egyptair. It is a full-service carrier that operates scheduled services, using a fleet of Airbus A320-200s & Airbus A321-200s. In addition to operations from its hub at Cairo International Airport, the airline operates a smaller base from Alexandria's Borg El Arab Airport.

<span class="mw-page-title-main">AlMasria Universal Airlines</span> Egyptian private airline

AlMasria Universal Airlines is an Egyptian private airline based in Egypt. The airline operates scheduled and charter services from Egypt. 'AlMasria' is derived from the Arabic word for 'Egyptian'.

<span class="mw-page-title-main">Air Arabia Egypt</span> Egyptian airline

Air Arabia Egypt is a low-cost carrier based in Egypt. The airline is a subsidiary of Air Arabia. The head office is in Heliopolis Cairo, Egypt.

Nesma Airlines is an Egyptian airline which operates scheduled international regional flights as well as regional flights within Saudi Arabia. It operates as a full-service carrier on international flights.

<span class="mw-page-title-main">Petra Airlines</span>

Petra Airlines was an airline based in Amman, Jordan. The company was founded in 2005 as a subsidiary of RUM Group, but acquired its first airplane only in October 2010. The name of the company was derived from the rock cut city of Petra, one of the most famous tourist sights in Jordan.

A departure tax is a fee charged by a country when a person is leaving the country.

Palestinian Airlines was an airline headquartered in Gaza, State of Palestine and based at El Arish International Airport in Arish, Egypt. Fully owned by the Palestinian Authority, it commenced operations in 1995 and offered flights in the Middle East. In 2020, the company was put into liquidation after years of limited operations.

<span class="mw-page-title-main">Cleartrip</span> Global online travel company

Cleartrip is a global online travel company, headquartered in Mumbai. The company operates an online travel aggregator website for booking flights, train tickets, hotel reservations, and activities in India and the Middle East countries. It holds offices across India, UAE, Saudi Arabia and Egypt.

<span class="mw-page-title-main">Metrojet Flight 9268</span> 2015 bombing of Russian aircraft above the northern Sinai in Egypt

Metrojet Flight 9268 was an international chartered passenger flight, operated by Russian airline Kogalymavia. On 31 October 2015, at 06:13 local time EST, the Airbus A321-231 operating the flight exploded above the northern Sinai Peninsula following its departure from Sharm El Sheikh International Airport, Egypt en route to Pulkovo Airport, Saint Petersburg, Russia. All 224 passengers and crew on board were killed. The cause of the crash was most likely an onboard explosive device as concluded by Russian investigators.

<span class="mw-page-title-main">Air Arabia Abu Dhabi</span> Emirati low-cost carrier

Air Arabia Abu Dhabi is an Emirati low-cost airline. It takes Abu Dhabi International Airport as its center of operations.

References

  1. Travco Group Figures
  2. Travco Group Information
  3. 1 2 "Germany and the Egyptian Connection". The Inbound Report. Retrieved 24 November 2020.
  4. 1 2 "Travco Group sells stakes in Air Arabia Egypt". www.tradearabia.com. Retrieved 24 November 2020.

iLikeEgypt.com