{"id":650742,"date":"2017-03-30T03:55:15","date_gmt":"2017-03-30T03:55:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/"},"modified":"2017-03-30T03:55:15","modified_gmt":"2017-03-30T03:55:15","slug":"egyptair-losses-post-egp-float-exceeded-egp-15-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/","title":{"rendered":"EgyptAir losses post EGP float exceeded EGP 15 bn"},"content":{"rendered":"

EgyptAir\u2019s losses after the EGP float grew to EGP 15 bn, Civil Aviation Minister Sherif Fathy said, according to Al Masry Al Youm<\/a>. He said that the company did not receive any financial support from the government, unlike other companies in similar financial straits. The company\u2019s losses<\/a> before the EGP floatation in November amounted to some EGP 400 mn, Fathy adds, blaming people\u2019s perception that EgyptAir\u2019s tickets are overpriced on the fact Egyptians having the tendency to be late bookers. Fathy went on to complain that the average breakeven price of a seat on EgyptAir is USD 80, which makes it difficult for the national flag carrier to bear extra costs and add new services, Ahram Gate<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

EgyptAir\u2019s losses after the EGP float grew to EGP 15 bn, Civil Aviation Minister Sherif Fathy said, according to Al Masry Al Youm. He said that the company did not receive any financial support from the government, unlike other companies in similar financial straits. The company\u2019s losses before the EGP floatation in November amounted to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[72,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650742","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"d98f2f93-5857-41cf-9359-6f946f90b3f4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650703],"teaser":"","voice_url":""},"yoast_head":"\nEgyptAir losses post EGP float exceeded EGP 15 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir losses post EGP float exceeded EGP 15 bn\" \/>\n<meta property=\"og:description\" content=\"EgyptAir\u2019s losses after the EGP float grew to EGP 15 bn, Civil Aviation Minister Sherif Fathy said, according to Al Masry Al Youm. He said that the company did not receive any financial support from the government, unlike other companies in similar financial straits. The company\u2019s losses before the EGP floatation in November amounted to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-30T03:55:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EgyptAir losses post EGP float exceeded EGP 15 bn\",\"datePublished\":\"2017-03-30T03:55:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\",\"name\":\"EgyptAir losses post EGP float exceeded EGP 15 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-30T03:55:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EgyptAir losses post EGP float exceeded EGP 15 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EgyptAir losses post EGP float exceeded EGP 15 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/egyptair-losses-post-egp-float-exceeded-egp-15-bn\/","og_locale":"en_US","og_type":"article","og_title":"EgyptAir losses post EGP float exceeded EGP 15 bn","og_description":"EgyptAir\u2019s losses after the EGP float grew to EGP 15 bn, Civil Aviation Minister Sherif Fathy said, according to Al Masry Al Youm. 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