Egypt to lose 2.2 bln pounds a month due UK, Russian flight suspensions – Minister

Egypt stands to lose 2.2 billion Egyptian pounds (US$281 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  Wednesday.

Several airlines have suspended flights to the Red Sea resort of Sharm al-Sheikh since the Oct. 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.

source: Reuters