Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects tourism companies
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EgyptAir still studying financing air fleet increase from 81 to 125 aircrafts
Regarding promoting tourism, the private sector is a huge supporter of tourism, and most companies have flight lines between Sharm El-Sheikh, Hurghada, and many European Countries such as Poland, Germany and Italy.
If Egyptian private airlines compete with European airlines, they can dominate 5% of the market, says Al-Masria Chairman