EgyptAir reports 75% profit decrease for 2011, eyes new routes in 2013

EgyptAir 777. Courtesy, MS EgyptAir (MS) has reported a 2011 decrease in profit to $12 million, down 75% year-over-year. The carrier, which had been in the middle of an expansion year, cited the civil unrest in Cairo and other parts of Egypt as reasons for the results (ATW Daily News, March 2, 2011)...

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