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Contractor Bonding & Insurance

Contractor Bonding & Insurance

Syphax Airlines is a private "Hybrid" Tunisian airline, born from the desire to promote economic development in southern Tunisia and the creation of levers for growth and employment in the region of Sfax and therefore nationally. This region for a long time neglected, has a high potential of skills and infrastructure, that's the reason of the implementation of Syphax Airlines at the airport of Sfax Thyna. Launched in 2011 by Mohamed Frikha, CEO of TELNET Group, Syphax Airlines is a Limited Company, with a capital of 10 million dinars. The company is a scheduled airline serving destinations in the Mediterranean with an optimized and Cost Effective management system. The company draws on the Tunisian capabilities and the expertise of international consultants. The consulting firm that conducted Syphax Airlines Business Plan is none other than Roland Berger Strategy Consultants, a leading global provider of consulting for Top Management. With 45 offices in 34 countries, it operates successfully on all major international markets. The company also benefits from logistical support of TELNET, a group specializing in consultancy in innovation and new technologies and national leader in his core business. Syphax Airlines has chosen to start with a fleet of two Airbus A319 ordered for a total of $ 55 million (82.5 million dinars) arranged in two classes, with a capacity of 150 seats each, named "Karama" and "Horria", referring to the revolution that happened in Tunisia during 2011. Other aircrafts will increase the fleet from the fourth year of operation and following the opening of the Tunisian sky to international competition. Based at the airport of Sfax Thyna, its network will consist of international destinations, mainly to France and Turkey. In the longer term and depending on the circumstances, special flights could then be organized to other destinations in Europe, the Middle East or the Americas. Syphax Airlines headquarters are in the new buildings of the Sfax Thyna airport, where are hosted cabin crew and technical staff. A regional office is based in Tunis, near the airport of Tunis Carthage, the company's secondary hub. Syphax Airlines is composed by a staff that combines experience and maturity and that coach a young generation of Tunisian skills full of goodwill and discipline to provide a new face to Tunisian air transport.

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About Contractor Bonding & Insurance

Founded

2011

Estimated Revenue

$10M-$50M

Employees

51-250

Category

Sector

Financials

Industry Group

Insurance

Industry

Insurance

SIC Code

63

NAICs Code

5241

Location

City

Sfax

State

Safaqis

Country

Tunisia

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