Settle Your Debts Before Filing for Bankruptcy – The Egyptian Aviation WatchDog to FlyEgypt
FlyEgypt, currently grounded, has had its request for liquidation denied by the Egyptian Civil Aviation Authority (ECAA). According to local media, the regulator insists that the private airline, buried under a mountain of debt, must first settle all its financial obligations, both domestic and international, before any liquidation process can proceed.
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