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When Nile Air was publicly unveiled at the 2007 Dubai Air Show – at the height of the Gulf aviation buying spree – the Egyptian start-up signed a memorandum of understanding for nine Airbus A321s.
Seven years on, the Saudi-owned company operates a more modest fleet of two smaller A320s. Its launch coincided with the onset of a global financial crisis, followed by two successive political revolutions that decimated tourism to its home market.
But having weathered these storms, Nile Air is now charting a clear path to expansion. The airline continues to be shielded from the downturn by its diverse traffic mix, and it is gradually benefiting from Egypt's improved ties across the region...