board of directors - egyptair-me. · pdf filecomponent repair and overhaul ... b3-level...

Board of DirectorsEng. Mohamed Abdel Megeed Touban

VP Planning Ministry of Civil Aviation

Eng. Adel Abdel Fattah Hamada VP Safety & QualityEgyptAir Holding

Mr. Mohamed Samir Abdel Khalek VP Finance

EgyptAir Holding

Eng. Sameh Anwar Farag CEO Smart Company

Eng. Mostafa Ragab Omar GM Hanger 7000

EgyptAir Maintenance & Engineering

Eng. Khaled Mohamed Omar GM Advertising & Public Relations


Mr. Taha Mohamed El-Heresh EgyptAir Maintenance & Engineering

Mr. Saeed Ahmed Hamouda EgyptAir Maintenance & Engineering

Mr. Hamed Maher El-SheweheyLabor Union Representative

Eng. Abd El-Aziz FadelChairman


Courtesy EgyptAir

Moh

amed

Allo

uba/

IBA M

ohamed Allouba/IBA

48ANNUAL REPORT - 2006 / 2007 w w w . e g y p t a i r . c o m

Maintenance & EngineeringEGYPTAIR

Chairman

Quality Assurance Director

Human Resources Director

Information Services Director

Aircraft Maintenance Senior Director

ORGANIZATIONAL CHART OF MAINTENANCE & ENGINEERING

Tools, Equipment & GSE Director

Material DirectorPlanning & Contracting Senior Director

Overhaul Workshops Senior Director Engineering Director

Audit Manager

Quality ManagerImerovement

Techinical Authorization Mgr

49ANNUAL REPORT - 2006 / 2007


EGYPTAIR Maintenance & Engineering

COMPANY PROFILE

E gyptAir Maintenance and Engineering (M&E)

Company is a subsidiary of EgyptAir Holding

Company. It is the only full-maintenance, repair

and overhaul (MRO) service provider in Egypt.

The principal role of EgyptAir M&E is to support

EgyptAir’s mixed fleet of 45 aircraft and to serve

the third-party market. EgyptAir M&E holds an

Egyptian Civil Aviation Approval and EASA 145

certificate allowing it to offer MRO services to

regional and European carriers. EgyptAir M&E

has an authorized capital of LE 500 million and a

paid-in capital of LE 330 million distributed over

300,000 shares with a value of LE 100 each.

Main Goals and Objectives:• Increase base maintenance capacity to 10

slots with 2 shifts (or 7 slots with 3 shifts)

• Increase yearly available man-hours to

2.7MH

• Increase third-party revenue to 60% of total

revenue over five years

• Achieve an annual growth rate of 12%

• Reduce unit cost by 2% annually

Key Business Strategies:• Increase capacity to match EgyptAir fleet

growth

• Target third-party workload

• Expand the European Aviation Safety

Agency (EASA) 145 approval

• Increase and overhaul workshop capability

• Adopt cost-efficient policies

• Develop and execute a proactive marketing

plan

• Enhance the productivity and loyalty of

EgyptAir M&E staff

Mohsen Allam

/IBACourtesy EgyptAir


MAIN SERVICESEgyptAir M&E provides the following MRO services:

Light and Heavy MaintenanceProvision of all light and heavy maintenance on the types of aircraft that

comprise EgyptAir’s fleet. The following Airbus models are served: A300-

600, A300B4, A320, A321, A330 and A340; as are the following Boeing mod-

els: B737-Series, B767, B747-300, B777-200, B707-300 and Embraer 170.

Engine OverhaulSupport for both old and new generation engines, which include the

P&W4158/4060, P&W 4090, IAE V2500 A1/A5, GE CF6-50, CFM-56 3C/5C

and Trent 700 models.

Component Repair and OverhaulServices on major component groups, such as mechanical components

(hydraulics, landing gear, brakes, wheels) and avionic components (ATEC

and radio instruments and electrical systems).

Calibration ActivitiesElectrical measurements: DC and AC voltage and current, resistance and

pressure measurements, gas and hydraulic gauges, frequency measure-

ment and torque measurement.

NDTProvide NDT systems to measure eddy current, ultrasonic, X-ray and

gamma ray, penetrate inspection, and magnetic partial inspection.

Courtesy EgyptAir



CERTIFICATIONS & APPROVALSEgyptAir M&E provides MRO services in accordance with

the following regulations:

• Egyptian Civil Aviation Authority Approval

(ECAA, number CAI/ EgyptAir /AS /01 /98)

• European Aviation Safety Agency (EASA,

approval number EASA. 145.0290)

• UAE — General Civil Aviation Authority

(GCAA, approval number AMO/181/06)

• Kuwait — Directorate General Civil Aviation

(DGCA, certificate number DGCA/AMO/034)

• Oman — Directorate General Civil Aviation

and Meteorology (DGCAM, approval No.

AWR/AMO/EGY-134/06)

Courtesy EgyptAirCourtesy EgyptAir


AccreditationEgyptAir M&E gained EASA 145 accreditation in Cairo, Damam, Sharm

El-Sheikh, Hurghada, Luxor and Alexandria for line maintenance. Also,

gain EASA accreditation in Cairo for Base/Heavy Maintenance (for Airbus

Types).

Engine Overhaul WorkshopEgyptAir M&E established a new engine workshop approximately 8,000

squares meters and equipped with high-end technology. With a capabil-

ity of processing around 40 engines per year. The workshop was opened

in the second quarter of 2007.

EgyptAir M&E equipped the workshop with the technical capabilities

to service many types of engine. The following engines will be main-

tained to B1 and B2 level: PW 4090, PW 4158, CFM 56-3C and 5C, CF6-

50C2, V2500A1 and A5, Trent 700 (B0 only) and APU (GTCP331-250).

B3-level service will be available for CFM56-3 and -5, V2500-A1 and -A5

engines.

The workshop has a test bed equipped with a 100,000 pound

thrust rating, capable of testing PW 4158, CFM 56- 3C1 and APU

(GTCP 331-250).

PROJECTS AND SIGNIFICANT DEVELOPMENTS IN 2006/2007Contracted Customers/OperatorsIn 2007, EgyptAir M&E made agreements with six customers to provide full

technical support services, including planning, engineering, material sup-

ply, component repair, line maintenance and base maintenance. EgyptAir

M&E engaged with 26 customers to provide line-maintenance activities.

Material ComplexEgyptAir M&E constructed a material complex with storage capacity for

more than 500,000 line items in compliance with international standards

for storage and handling of aeronautic parts. It also implemented quality

procedures for receipt, inspection, storage and handling, identification

and segregation of materials.

The complex is equipped with a range of racking systems, material-

handling equipment, an automated management system, utilities and

miscellaneous equipment.

Calibration LabThe EgyptAir M&E calibration lab was granted ISO 17025 approval in

2006 for the following activities: electrical measurement, pressure mea-

surement, frequency measurement and torque measurement.

97.7%

97.4%

97%

97.5%

2006/2007

2005/2006 2006/2007

EgyptAir Airlines fleetAnnual No. of Dispatch per type

2005/2006

20000 30000 40000 50000 60000

B737-800

A330

A321

A600

A340

B777

B737

0

6733

5164

2463

2728

3804

7606

1371

9872

7026

0

2374

4334

7262

2005/2006 2006/2007

EgyptAir Airlines fleetAverage yearly serviceability

98%

No Of Dispatches

Courtesy EgyptAir

Courtesy EgyptAir

Courtesy EgyptAir



Courtesy EgyptAir


EgyptAir Maintenance & Engineering, Statement of Financial Position at 30/6/2007 (EGP)

PARTICULARS Partial TOTAL

LONG-TERM ASSETS

Fixed assets (net) 302,448,824

Projects in progress 128,463,842

Long-term investments 1,925,000

Long-term loans and debit balances 4,476,810

Total long-term assets (1) 437,314,476

Current assets

Stock 515,691,498

Customers, notes receivables and debit accounts 342,356,263

Cash in banks and in hand 18,118,478

Total current assets 876,166,239

Current liabilities

Provisions 2,168,076

Creditor banks 0.00

Suppliers, notes payable and credit accounts 852,144,884

Total current liabilities 854,312,960

Working capital (2) 21,853,279

Total investment (1+2) 459,167,755

Financed as follows:

Issued Capital 330,000,000

Paid up capital — reserves 129,167,755

Total Equity (3) 459,167,755

Long-term liabilities (4) 0.00

Total financing of investment (3+4) 459,167,755

FINANCIAL STATEMENT



COSTS & EXPENDITURES

PARTICULARS 2006/2007

Raw material, requisites, fuel & spare parts 141,656,483

Wages 177,657,266

Expenditures 248,948,873

Purchases of goods for sale 00.00

Burdens & losses 18,945,551

Total Cost and Expenditures 587,208,173

EgyptAir Maintenance & Engineering Profit and Loss Account at 30/6/2007

REVENUES

PARTICULARS 2006/2007

Activity revenues 650,741,543

Grants & donations 0.00

Investment revenues & interests 718,244

Other revenues & profits 8,691,652

Total Revenues 660,151,439

SURPLUS or DEFICIT 72,943,266

Courtesy EgyptAir

Courtesy EgyptAir

Courtesy EgyptAir


Courtesy EgyptAir

board of directors - egyptair-me. · pdf filecomponent repair and overhaul ... b3-level...

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