Profits decline at EgyptAir

Victoria
By Victoria April 16, 2012 19:47

Profits decline at EgyptAir

EgyptAir has posted a 75% fall in profits in 2011. Although the carrier has cut costs by 30%, profits were still down to $12 million.

Civil unrest in Cairo has severely affected traffic but the airline is continuing to expand, adding a route to Toronto from next year and several more.

Victoria
By Victoria April 16, 2012 19:47
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