Abu Dhabi Aviation has announced the launch of an "Air Taxi" service in cooperation with the Egyptian Air Force, which will facilitate travel between major cities and key areas in Cairo.
Tamer Wagih, head of TCM, the partner company in the project, said that investments in the "Air Taxi" flying taxi project in Egypt amount to EGP 5 billion, about $105.6 million, adding that the project is entirely financed by direct Emirati-Egyptian funding, according to the Asharq Bloomberg website.
He explained that the cost of the aircraft used at the start of the project is about EGP 2 billion, noting that the company currently has 4 aircraft in operation, with plans to increase the number to 8 aircraft next month as part of a gradual expansion.
Flying Taxi Prices
Prices start at $200 for short trips within Cairo and reach $1,500 for distant cities such as Sharm El-Sheikh, Hurghada and El Gouna. The flight time from Cairo to the North Coast is expected to be 60 minutes, and to Siwa Oasis within 90 minutes.
Wagih explained that the service targets tourism companies and businesspeople, as well as rapid travel within Cairo and between coastal cities, confirming that agreements have already been signed with Ora, the El Gouna Film Festival, Blue Sky Tourism, El Hanouf Tourism and Travco.
He noted that the project plans to expand later into air medical transport and express cargo to cover greater needs. Wagih added that the pilots hold international licenses from aviation authorities in Egypt and Abu Dhabi, reinforcing safety and quality standards.
