The Travco Group is a travel and tourism company in Egypt. Travco Group provides tourist services, transport, ranging from air travel to cruises as well as accommodation for tourists.[2]
History
Travco Group was founded in Egypt in 1979 by Hamed El Chiaty.[3]
As of 2020, Travco Group owns and manages more than 50 hotels.[3]
Airline business
Travco and Sharjah-based Air Arabia operate Air Arabia Egypt, a joint venture airline based in Egypt.[4] Travco Group owns 50% of the airline with Air Arabia a further 40% and the remaining 10% owned by private Egyptian investors.[4]
References
- Travco Group Figures^
- Travco Group Information^
- Germany and the Egyptian Connection The Inbound Report, retrieved 2020-11-24^
- Travco Group sells stakes in Air Arabia Egypt www.tradearabia.com, retrieved 2020-11-24^