EgyptAir Banking On State Aid; Eyes African Expansion
Credit: KHALED DESOUKI/AFP via Getty Images
EgyptAir’s CEO said the airline plans to seek a loan of between EGP5-7 billion ($317-445 million) from the Egyptian government this year. The anticipated government funding is likely to be used for several purposes as EgyptAir continues to navigate the pandemic, including bolstering the airline’s...
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