Syphax Airlines was a privately owned hybrid Tunisian airline established by businessman Mohamed Frikha in 2011. With its major hub in Sfax, the second-biggest city in Tunisia, Syphax commenced operations in mid 2012. The carrier focussed on providing international scheduled and charter services to destinations in Europe and North America. Mr Frikha plans to relaunch the carrier as Phoenix Wings in 2017.
Location of Syphax Airlines main hub (Sfax Thyna Airport)
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As a majority state-owned airline in North Africa, Tunisair has retained most of the flag carrier privileges that are cemented in the 1944 Chicago Convention, but those protectionist practices run counter to the present realities of passengers wanting choice and low fares. It is only natural that Tunisair defends its flag carrier status and historic market share, yet its lax attitude to take out legacy waste makes it ill-prepared for an Open Skies with the European Union or other Maghreb countries.
Tunisair deploys about 70% of its weekly seat capacity on routes to Western Europe and it has a 55% to 68% share of all one-way seats flown between Tunisia and Western Europe depending the high or low season. This is likely to decrease under an Open Skies with the EU and this in turn could lead to a further erosion of Tunisair’s financial results.