FlyEgypt (FT, Cairo International) has terminated flight operations and attempted to go into liquidation only to be thwarted by the Egyptian Civil Aviation Authority (ECAA), local media have reported.

Various reports indicate the ECAA refused the privately-owned airline’s request to surrender its operating licence and have its aircraft removed from the Egyptian register citing outstanding financial obligations to both local and international creditors. Aside from leasing dues, the ECAA said FlyEgypt has debts to among others tour operators in…

Source: ch aviation
Read more: FlyEgypt ceases flight operations amid financial distress