State-run carrier EgyptAir operated 5,475 flights during the past three months, the company’s Media Advisor Asma al Saadi told Shorouk News on October 31st.
The volume was 75% Year on Year (YoY) lower than 21,823 operated trips, Al Saadi added.
Aircraft occupancy rates slid to 63% over the past three months, compared to 75% in the same period in 2019, the official added.
EgyptAir has suffered EGP 1 billion in loss during the March-July 2020 period, when air traffic was suspended due to the outbreak of COVID-19, according to the news portal.
The Ministry of Finance will reportedly guarantee long-term financing of EGP 3 billion for EgyptAir.
