No increase in ticket prices for domestic flights: Egypt Cabinet

The Egyptian cabinet confirmed on Sunday that the prices of tickets for domestic flights to popular touristic destinations will not increase, state official news agency MENA reported.

The cabinet’s information and support centre said in a report that the country’s state-owned airline EgyptAir has not raised the prices of domestic flights to Luxor, Aswan, Sharm El-Sheikh and Hurghada, dismissing news reports that ticket prices had doubled.

Domestic flights to the aforementioned destinations are sold below original costs as they are part of the “Egypt in our hearts” initiative, which aims to encourage domestic tourism.

Last week, EgyptAir announced that prices of tickets for its international flights would be pegged to the dollar.

On 3 November, Egypt’s central bank floated the pound and raised key interest rates as part of a set of reforms aimed at alleviating a dollar shortage and stabilising the country’s economy.

Source: Ahram Online