The Egyptian government will lend EgyptAir 2 billion Egyptian pounds due to the impact of the coronavirus on its operations. A member of the Star Alliance, EgyptAir halted regular international flights on March 19 when the government closed the country’s airports to combat the spread of the virus.
The authorities will support the state-owned enterprise until it returns to 80% of its 2019 operations. The company has continued flying some domestic routes and repatriation flights for citizens stranded abroad.
