FINANCIAL NEWS

Egypt Tourism Ministry to sign quartet protocol

15 Feb 2016

(MENAFN) The Ministry of Tourism will sign a foursome protocol with the Ministry of Civil Aviation, in order to support the direction of trips to three new markets.

Furthermore, the ministry aims to help trips organized by private aviation firms to the new markets that Egypt Air doesn’t support, which are; N. Africa, Central Asia, and Eastern Europe.

Accordingly, flights and trips expected to start before June, and the plan aims to maintain Egypt on the world tourism map in light of the current warnings by some nations.

In addition, tourism revenue to Egypt declined to USD 6.1bn in 2015 from USD 7.3bn in 2014, while Egyptian private airline will apply the program when prices value USD 450.1 per seat.

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