Egypt's aviation minister says airlines have begun applying a tax increase on all flights out of the country.
The tax increase, which went into effect on Friday, is part of President Abdel-Fattah el-Sissi's plan to shore up public finances after years of unrest following the 2011 uprising.
Aviation Minister Hossam Kamal says in a statement that the tax on business class tickets increased by a third to reach 400 Egyptian pounds (US$51), while the tax on coach tickets increased by half to reach 150 Egyptian pounds (US$19).
In an opinion piece published in The Wall Street Journal last week, el-Sissi said he intends to introduce a value-added tax regime to boost revenues. The former general has staked his legitimacy on stabilizing the country and reviving the economy.
TARMAC Aerosave has set a new industry benchmark by becoming the first company in the world to secure Aircraft Fleet Recycling Association (AFRA) accreditation across all three scopes of aircraft disa...
Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...
Daher Aircraft announced the delivery of a Kodiak 900 to Swiss owners Roland and Claudia Primus, who plan to use the aircraft for adventure flying to remote and short-runway destinations. Their travel...
Textron Aviation has marked a key milestone in the development of the Cessna Citation CJ4 Gen3 with the rollout of the program’s first production aircraft. The achievement brings the next-g...