Plaza Premium Group has entered a strategic joint venture with Egypt Aviation Services and Cairo Airport Company to operate and manage six lounges at Cairo International Airport, marking PPG's first entry into the Egyptian market.
Target Information
Plaza Premium Group (PPG) is a leading global provider of airport hospitality services, renowned for its ability to elevate the travel experience through award-winning lounge services. In a recent collaboration with Egypt Aviation Services (EAS) and Cairo Airport Company (CAC), PPG has embarked on a strategic joint venture to manage and operate six lounges across Cairo International Airport (CAI). This venture marks PPG's formal entry into the Egyptian market, solidifying its growth in the Middle East and North Africa (MENA) region after successful expansions in other key locations such as Saudi Arabia, Kenya, and Abu Dhabi.
The partnership will see the lounges rebranded as Plaza Premium Lounge, enhancing the airport's hospitality offerings. EAS and PPG will govern all aspects of the CAC VIP lounges, which span Terminals 1, 2, 3, and the Seasonal Terminal. Additionally, plans are underway for a new lounge at the F Gates of Terminal 3, further diversifying the travel experience at CAI.
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Industry Overview
Cairo International Airport (CAI) is vital to Egypt's economy, serving as the busiest airport in the country and Africa at large, handling over 26.4 million passengers in 2023. The airport offers non-stop flights to 125 destinations
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