EgyptAir posts 75% profit decrease for 2011, will open new routes in 2013

EgyptAir 777. Courtesy, MS EgyptAir (MS) has reported a 2011 decrease in profit to $12 million, down 75% year-over-year. The carrier, which had been in the middle of an expansion year, cited the civil unrest in Cairo and other parts of Egypt as reasons for the results ( ATW Daily News, March 2, 2011...

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