Can the Egyptian govt bail them out

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crewmeal
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Can the Egyptian govt bail them out

Post by crewmeal »

AS many of you know I was working in aviation for nearly 29 years so I keep my nose to the ground on aviation news. This little interesting article came along courtesy of simply flying.

https://simpleflying.com/egyptair-bailout/

Do you think the govt have the cash to bail them out?



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Re: Can the Egyptian govt bail them out

Post by newcastle »

You jest :lol:

But Egypt operates perfectly well on its smorgasbord of international loans, grants, assistance....whatever. Best not to dig too deeply into the soundness of the economy....not if you are Egyptian and want to sleep at night. If the piggy bank is empty, Egypt wii just borrow.

$186 million. Pffff....chicken feed. :a44: :a30:

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