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Enterprises
Axel Holding
| Enterprise | Headquarters | Country | Business relations |
|---|---|---|---|
| Axel Airlines (AXA) | Hyderabad (HYD) |  |
Lessee |
| Egypt Connect (EC) | Cairo (CAI) |  |
Lessee |
| Kalandula Airways (AFA) | Luanda (LAD) |  |
Lessee |
| The Eastern Airline (TEA) | Khabarovsk (KHV) |  |
Lessee |