Air Memphis (Cairo International) has been sold to Lakah Group which plans to use the airline to launch charter flights from Abu Simbel, Aswan and Luxor to Iran. Lakah Group has earlier been reported to be planning to set-up its own charter carrier, Egypt Leisure Airlines (Cairo International), but it seems these plans have now changed. Air Memphis had not been operating charter flights for several months with its single DC-9-30 now parked at Sharm el Sheikh. No details about its future fleet plans are yet known.