US economy slows to 1.6% in Q1 of '24 – BEA    EMX appoints Al-Jarawi as deputy chairman    Mexico's inflation exceeds expectations in 1st half of April    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt to offer incentives for low-cost airlines: tourism minister
Published in Amwal Al Ghad on 09 - 03 - 2016

Egypt plans to announce incentives for low-cost airlines such as easyJet and Germany's Air Berlin and Condor to help combat a slide in tourist arrivals, its tourism minister said in an interview with Reuters.
"We already have a programme for tour operators that have flights, but we never had a programme for airlines alone," Hisham Zaazou told Reuters on the sidelines of the ITB travel fair Wednesday.
Visitors to Egypt's beaches and ancient sites bring in business which accounts for 11.5 percent of the country's economy.
However, the sector has suffered since a 2011 uprising that triggered years of political turmoil and the suspected bombing of a Russian tourist plane in Sinai in October, which killed all 224 people on board.
The government has been offering tour operators an incentive of $30 per seat on aircraft on which between 60 and 90 percent of seats have been filled.
Zaazou said it was not yet clear whether the new programme for commercial airlines would pay a certain amount per seat on planes or whether it could offer alternate incentives such as lower handling fees at airports.
"I will announce that (programme) very soon, maybe towards the end of the ITB when I meet with everybody and listen to everybody," he said in the interview, held in a chauffeured car on the way from the city of Berlin to the fair grounds, where the ITB is being held through March 13.
The number of tourists coming to Egypt fell around 6 percent to 9.3 million in 2015 from a year earlier due to a drop following the plane crash in October, while receipts slid to $6.1 billion from $7.2 billion, he said.
That is a far cry from around $12.5 billion in annual receipts Egypt earned before the 2011 uprising which scared away tourists and foreign investors.
Zaazou said arrivals in the first couple of months of 2016 were down 30 to 40 percent compared with a year earlier and said he did not expect to see a significant improvement before the second half of the year.
"If we can stabilise the (2016) number around where we were last year, around 9 million, I will be happy. We can then enter 2017 on better grounds and make up for lost time," he said.


Clic here to read the story from its source.