Petroleum Air Services (PAS), a Cairo-based airline company, reported total sales of $161.3 million in 2025, up from $147.5 million in 2024. The company also recorded net profit before taxes of $45.9 million, compared to $40.7 million in 2024, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR). PAS provides aerial and offshore services to oil and gas companies as well as commercial passenger services within Egypt and to regional cities.
This was revealed during the company’s general assembly meeting, which was chaired by Karim Badawi, Minister of Petroleum and Mineral Resources. Badawi praised the company’s performance in 2025, including the expansion of its fleet, commitment to its contracts, and achievement of higher net profits.
Concerning helicopter operations, in 2025, the company successfully carried out 100% of its petroleum sector flights to transport crews and equipment to onshore and offshore sites and platforms in accordance with existing contracts, in addition to conducting 21 medical evacuation flights in record time
PAS Chairman Ihab Abdel Maksoud reviewed the company’s performance during the meeting, emphasizing its role as a leading national company in providing specialized air transport services to support the activity of the petroleum and mineral resources sector, in addition to its role in providing air transport services internally and externally and supporting the tourism and investment sectors.
The company operates a fleet of 39 aircraft, including 31 helicopters and eight fixed-wing planes, and continues to modernize the fleet through the addition of Agusta AW169 aircraft, expected to join in March 2027, Abdel Maksoud noted.
Meanwhile, in its international operations, PAS extended its contract with Libya’s Fly Oya to operate three helicopters supporting oil and gas operations for Libya’s Mellitah Oil & Gas and Italian Eni in Libya and Malta. It also leased an additional helicopter, Bell 412, to the Libyan market for two years.
In Nigeria, PAS completed its operations in cooperation with Bristow, supporting Chevron after three years of continuous work.
In addition, the company operated international and regional flights to destinations including Beirut, Montenegro, Jeddah, and Aqaba. It also carried out 112 Umrah flights between Cairo and Jeddah, and supported PETROJET flights to NEOM in Saudi Arabia.
Regarding maintenance and overhaul work, the company has provided repair services to a number of companies, most notably EgyptAir, Air Cairo, Fly Egypt, Smart, and Nesma Airlines.
PAS recorded a 15.7% rise in flight hours, reaching nearly 36,000 flight hours in 2025, transporting about 750,000 passengers.
As part of its environmental commitments, the company joined the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) under the International Civil Aviation Organization, targeting at least a 2% annual reduction in fuel consumption and adherence to emissions limits set by the program.
