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Tuesday, 15 November 2016

EgyptAir cancels additional ticket fee after EGP float

National air carrier EgyptAir has cancelled previously applied additional fees of 10-20% to tickets purchased in Egypt for flights originating outside the country, Al Mal reports. Chairman Safwat Mossalem told the newspaper that there is no longer a need to apply the fee given the recent float of the EGP. The caveat: EgyptAir will be raising prices of its tickets on account of the float, said Civil Aviation Minister Fathy Surour, according to Al Borsa. The airlines has also delayed plans to purchase new planes as a result, he added at the Akhbar El Youm conference.

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