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Egypt to lose $273 million over Russian plane crash

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Staff writer ▼ | November 13, 2015
Egyptian Minister of Tourism Hisham Zazou revealed that the financial losses Egypt is expected to sustain due to the crisis in the tourism from the Russian plane catastrophe, will reach $273 million.
Egypt tourism
Tourism   Egyptian Minister of Tourism Hisham Zazou:
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The minister explained that these figures are the result of the suspension of flights to Egypt by the United Kingdom and Russia until the causes of the crash of the Russian A-321 are made known, according to the Middle East News Agency MENA.

In a gesture to emphasize security in the area, Egyptian President Abdel Fatah al-Sisi paid on Wednesday a surprise visit to Sharm el Sheikh on his return to Egypt after attending the summit of South American-Arab countries, or ASPA, which was held in Saudi capital Riyadh.

Speaking to Egyptian state television in Sharm el Sheikh, al-Sisi said that “Egypt is stable and safe.”

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