Investments of 5 billion pounds in the Flying Taxi project in Egypt

The value of the investments of the Flying Taxi project “Air Taxi” in Egypt, according to Tamer Wagih, head of the “TCM” business, a partner in the project, has a “Al-Sharq”, pointing out that the project has a complete direct Emirati-eggned financing. Wagih revealed to Al-Sharq, in statements on the sidelines of the service launch, that the cost of the aircraft used at the beginning of the project amounts to about two billion pounds, indicating that the company currently has 4 operating aircraft, and “It is planned that the number will reach 8 aircraft with gradual expansion next month.” Today, Saturday, Abu Dhabi Airlines announced the launch of the “Air Taxi” service in collaboration with the Egyptian Air Force, which will facilitate the movement between major cities and important areas in Cairo. Flying taxi prices in Egypt prices start from $ 200 for short trips in Cairo, reaching $ 1,500 for distant cities such as Sharm El Sheikh, Hurghada and El Gounna. The travel time to the northern coast from Cairo is expected to reach 60 minutes, and within 90 minutes to Siwa Oasis. Wagih explained that the service tourism businesses, business people and fast transport targets within Cairo and between coastal cities, which revealed that signatures have already been signed with the companies “Ora”, “El Gounna Film Festival”, “Blue Sky Tourism”, “Al Hanouf Tourism” and “Travco”. The head of the “TCM” business, a partner in the project, pointed out that the project plans to later expand to air medical transport and express delivery to cover greater needs. Wagih added that the pilots have international licenses of aviation authorities in Egypt and Abu Dhabi, which improve security and quality standards.