Egypt's government will lend EgyptAir 2 billion Egyptian pounds ($127.39 million) due to the impact of the coronavirus on its operations, the finance ministry said.
A member of the Star Alliance led by Germany's Lufthansa , EgyptAir halted regular international flights on March 19 when the government closed the country's airports to combat the spread of the virus. The government will support state-owned EgyptAir until it returns to 80% of its 2019 operations, the ministry said in a statement on Saturday.
Comments
Comments are closed.