Chairman of Petroleum Air Services Company (PAS), Ihab Abd Al-Maksoud, reviewed the most significant results achieved by the company during 2024. He explained that along with the company’s existing contracts with its oil and gas clients for both helicopters and fixed-wing aircraft, this year also saw the signing of new contracts, as well as the renewal and extension of others, using the company’s fleet of 39 aircraft (31 helicopters of various models and eight fixed-wing aircraft).
This came during PAS’s General Assembly meeting, which was chaired by Karim Badawi, Minister of Petroleum and Mineral Resources, to approve 2024 results.
During the meeting, Badawi commended the role of PAS in the transport of workers in oil and gas exploration and production areas, whether in onshore or offshore regions. Badawi pointed out that this role will grow with the positive changes taking place in the mining sector, especially the transformation of the Mineral Resources Authority into an economic body.
In 2024, an agreement was signed with Fly Oya International, a Libyan limited liability company, to lease three AW139 helicopters operating out of Mitiga and Malta International Airports in service of Libya’s Mellitah Oil and Gas Company. Additionally, the contract with Bristow Nigeria was renewed for the lease of an EC-135 helicopter to support Chevron’s oil and gas operations in Nigeria, according to Abd Al-Maksoud.
Abd Al-Maksoud noted that the company signed an agreement with Leonardo Helicopters, a global industrial group specializing in building aerospace, defense, and security, to purchase five modern AW169 helicopters as replacements for the BELL412s, to serve clients in the Gulf of Suez region.
Abd Al-Maksoud added that the company executed approximately 30,000 flight hours, during which nearly 750,000 passengers were transported. The helicopter fleet accounted for about 20,000 of these flight hours, operating from the company’s various sites in the Mediterranean Sea, the Red Sea, and South Sinai, in addition to Nigeria and Libya. The operations included the execution of 12 medical evacuation flights in record times.
PAS is an Egyptian joint stock company operating a fleet of helicopters and fixed-wing aircraft to provide air transportation services both domestically and internationally. PAS supports the oil and gas sector, mineral resource projects, and various economic and industrial bodies through offering personnel and equipment transport, air taxi services, aircraft maintenance (for its own fleet and third parties’), and both scheduled and charter flights within Egypt and abroad.
