21 October 2012

Egypt Air Pays Salaries From Revenues for First Time After Revolution

EgyptAir company paid the salaries in September from its revenues for the first time after the January 25 revolution, Civil Aviation Minister Samir Imbabi said Saturday 20/10/2012.

The salaries were previously paid by banks over the last two years, the minister said, estimating the losses during this period at EGP 4.6 billion. He was speaking while touring renovation works in Hurghada Airport.

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