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Nile Air is an Egyptian Joint Stock Company established in 2008, with 60% ownership by Egyptian individuals & companies and the remaining 40% by Dr. Nasser Al Tayyar, former President of Al Tayyar Group (now called Seera [4]), a prominent travel agency based in Kingdom of Saudi Arabia with operations in over 15 countries. [1]
Tourism is one of the leading sources of income, crucial to Egypt's economy.At its peak in 2010, the sector employed about 12% of workforce of Egypt, [1] serving approximately 14.7 million visitors to Egypt, and providing revenues of nearly $12.5 billion [2] as well as contributing more than 11% of GDP and 14.4% of foreign currency revenues.
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