Flight suspensions to cost Egypt $273m a month
CAIRO, November 11, 2015
Egypt stands to lose E£2.2 billion ($273 million) a month in income due to Britain and Russia's decision to suspend flights to the country after the Russian plane crash in the Sinai Peninsula, Tourism Minister Hesham Zaazou said on Wednesday.
Several airlines have suspended flights to the Red Sea resort of Sharm al-Sheikh since the October 31 crash, which investigators and Western governments believe was likely to have been caused by a bomb. Thousands of Russian and British tourists have been flown home. - Reuters