EgyptAir chairman discharged for ‘mismanagment’

The Egyptian minister of aviation, Hussam Kamal, discharged on Thursday Sameh El-Hefny from his position as head of the state-owned EgyptAir company following a report of mismanagement from the administrative watchdog, Al-Ahram Arabic website reported.

The report found that unused airplanes and scrap were left along part of an airplane runway. A piece of land owned by EgyptAir was also turned into a dump, reported Al-Ahram Arabic news website.

El-Hefny told Al-Ahram that he resigned, and denied responsibility for these violations, saying that this is the responsibility of the Cairo airport company.

EgyptAir had accumulated LE10.11 billion in losses over the three years following the 2011 uprising, El-Hefny said in December 2014.

In December, the national airline hired Texas-based airline advisory firm, Sabre Airline Solutions, to prepare a restructuring plan.

source:Ahram Online