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Nile Air is an Egyptian Joint Stock Company established in 2008, with 60% ownership by Egyptian individuals & companies and the remaining 40% by Dr. Nasser Al Tayyar, former President of Al Tayyar Group (now called Seera [4]), a prominent travel agency based in Kingdom of Saudi Arabia with operations in over 15 countries. [1]
Elegant Resorts is a luxury travel retailer based in Chester, UK. The company was founded in 1988 in Chester by Geoff Moss and Barbara Catchpole. [1] The company was sold to Al Tayyar, a global travel group, in 2014 for a reported £14.3 million. [2] Al Tayyar is now known as the Seera Group. [3]
Al Tayyar is an elite member of The World Tourism Organization, the Saudi Chambers Definition, International Congress and Convention Association, the GCC Commercial Arbitration Center, Ministry of Justice Saudi Arabia, and Consulting Member Saudi Commission for Tourism and Antiquities.
The airline was established in 2008 as a subsidiary of flag carrier Yemenia by the Islamic Bank for Development, to serve the growing market for low-cost travel in the region. [4] In late October 2008, Felix Airways began domestic operations with CRJ 700 aircraft, and expanded both domestically and regionally.
The major stakeholders in the carrier were Saudia which held a (40%) stake in the carrier, with Bin Laden Group, the Naghi Group and Al Tayyar Travel Group holding (12.75%). Al Wafeer ended operations in 2011. Al Wafeer Air Boeing 747-400.
Nasser Al Tayyar, businessman, non-executive board member Al Tayyar Travel Group [41] Saleh Abdullah Kamel, billionaire businessman, owner of Arab Radio and Television Network and founder of the Dallah al Baraka Group [42] Saoud al-Daweesh, former chief executive of Saudi Telecom Company [36]