Company partly owned by by EgyptAir. First operator of a business aviation in Egypt to serve businessmen.In 2009, the company's business has expanded to include medical evacuations in the form of an air ambulance, after they had signed an agreement with the National Bank of Egypt for a loan worth $ 45 million to finance its expansion.Ownership: is a joint stock company and the shareholders are: The Egyptian Ministry of Civil Aviation 60%, Egyptian Holding Company for Airports and Air Navigation 20%, Egypt Air 20% .
Wichita, Kan., Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today Egypt's Smart Aviation will take delivery this year of the first two Citation Sovereigns certified for medical evacuation (medevac) with a dual-patient system from LifePort. The two medevac Sovereigns are part of a six-aircraft order from Smart.