EgyptAir to seek up to $447mn in state support: CEO ...Qatar

EgyptAir will seek 5bn to 7bn Egyptian pounds ($318mn-$447mn) in government support this year to help to pay for salaries, foreign loans and aircraft rental fees, its chief executive said yesterday. Governments around the world have stepped in over the past year to help airlines hammered by the Covid-19 pandemic and continuing travel restrictions. “We are dealing with it and we are trying to keep surviving, and this is with the support of our government so we can still continue our operation,” CEO Roshdy Zakaria told reporters at an industry event in the UAE. He said he was optimistic the government would continue to support the airline, one of oldest in the Middle East, and that it would b

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Last updated : 22 March 2021 clock 09:31 PM

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EgyptAir to seek up to $447mn in state support: CEO ...Qatar

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