|Date: 16/09/2012 Time: 01:55:00 PM
El Al Israel Airline announced on Sunday its
intention to stop flights to the Egyptian capital Cairo because of heavy
financial losses, incurred by the company for the first time since signing the
Egypt-Israel Peace Treaty in the 1990s.
Israel radio said the company manager, Eliezer Shkedi, said in a letter to
Israeli Foreign Minister Avigdor Lieberman "the costs of running this line,
especially the cost of security, reaches hundreds of thousands of dollars
yearly, while very few passengers use the airline from and to Cairo". Shkedi
added that "if the Ministry of Foreign Affairs thought it should continue
running this line, they must specify the government department that will bear
the resulting costs."
The radio quoted a source from the Israeli Foreign Ministry as saying that
"the conduct of the air route to Cairo shows the relations with Egypt,"
warning of political implications of the decision to stop the flights,
stressing that "it's for Israel's interest to continue running this line."
The radio said Israeli Transportation Minister Katz might assign another
airlines company to run flights to Cairo.