Travco Group

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Travco Group

Industry	Travel and Tourism
Founded	1979
Headquarters	6th of October City, 6th of October Governorate, Egypt
Key people	Hamed El Chiaty (Chairman & CEO)
Products	Passenger transport, travel agency, accommodation
Revenue	EGP £8.8 billion (2008)[1]
Number of employees	24,000 (2010)
Website	www.travcogroup.com

The Travco Group is a travel and tourism company in Egypt. Travco Group provides 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[]

iLikeEgypt.com