3 million passengers
at MEA in 2018
Company to sign codeshare
agreement with Turkish Airlines
Middle East Airlines (MEA) expects its 2018 profits to be lower than the preceding year, but forecasts the number of passengers to reach 3 million by the end of the year, according to its Chairman Mohamad El-Hout.
“The company will achieve profits although they are smaller than last year, but we will be able to distribute $55 million in dividend to our shareholders,” he said.
MEA distributed $550 million in dividends over the last ten years.
MEA plans to sign a codeshare agreement with Turkish Airlines for packages between Beirut and Antalia starting in the summer of 2019.
Reported by Yassmine Alieh
Date Posted: Nov 28, 2018