Egyptian charter airline Midwest Airlines (MY) is to venture into the domestic Egyptian scheduled flight market with the launch of flights between Cairo and Alexandria effective early January 2013.
One of Midwest's Boeing 737-800 (Midwest) |
Founded in 1998 with a fleet of two Airbus A310-300s, Midwest Airlines initially offered charter services from Egyptian holiday resorts to Europe and the Middle East on behalf of local and international tour operators.
After a period of three years, during which it ceased operations, the Lakah family, who held a 79% stake (the other 21% being public stock), sold their shareholding to a business group called REMCO. Midwest subsequently underwent major financial and corporate
restructuring with the introduction of a dry leased Boeing 737-600 (MSN 28303 | SU-MWC) for use on charter flights between Egypt
and Europe.