in General Aviation

Egypt's Smart Aviation to acquire maiden helicopter

Posted 8 November 2016 · Add Comment

Smart Aviation is to acquire a Eurocopter AS350B3 to service contracts with electrical engineering firms active across Egypt, reports ch-aviation.

The helicopter, which will be acquired outright and not leased in order to save on costs, will be used for the cleaning of power transmission pylons and other supporting infrastructure. 

CEO Rushdie Zakaria said Smart Aviation, for the first half of the current financial year up to June, managed to post a profit of USD2.2 million thanks to a carefully drafted restructuring plan. Among the plan's finer points are the return to airworthiness of a King Air 350, jointly owned with Egypt's National Company for Navigation Services, for use in calibrating aeronautical navigation beacons.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Etihad Aviation Group and Emirates Red Crescent support group travelling for Umrah as part of 'Year

Etihad Aviation Group (EAG) has taken part in an exciting philanthropic collaboration with Emirates Red Crescent, to support a group of 15 travellers in experiencing the holy pilgrimage of Umrah.

Family fortunes...

South African Express (SAX) and South African Airways (SAA) may be separate companies, but their corporate identities and destinies are closely intertwined. As Victoria Moores found out, both companies are battling a stagnant market

UAE Space Agency and Algerian Space Agency strengthen ties

The UAE Space Agency has signed a Memorandum of Understanding with its Algerian counterpart the Algerian Space Agency.

Boeing reports first-quarter results

The Boeing Company reported higher first-quarter earnings and operating cash flow compared to the previous year, driven by solid execution on production programmes and services.

Botswana terminal takes next step towards 2020 vision

The Government of Botswana says the construction of a temporary terminal building at Maun International Airport will be completed in May this year, although the rest of the infrastructure expansion project is due to be completed in

A new way to Scout out web booking

An innovative new charter sales platform, Jet Scout, has been introduced to the African and Middle East market. Vincent Chappard finds out why it is receiving a positive reaction.

EBACE17 SK0103240517
See us at
Aviation Festival BT25114617EBACE17 BT0103240517GroundHandling BT0303280917