(MENAFN- Qatar News Agency) El Al Israel Airlines has announced its intentions to stop flights to Cairo, after unprecedented financial loss since the Israel-Egypt peace treaty.
According to Israeli newspaper (The Jerusalem Post), the airline was due to end its Cairo service on December 31, having notified the government in August that it would stop flying the route due to the heavy security costs involved in keeping the line open.
"It is in Israel's national interest to continue scheduled flights to Egypt and therefore guard this important component of the peace agreement between the two countries," Israeli Transportation Minister Shaul Mofaz said.
"We will do our best to work with the Finance Ministry to bridge the gaps and make scheduled flights to Egypt possible," Israel's Transportation Ministry spokesperson Timor Dill told the Post.
El Al, which used to be the national Israeli airline, became a private company around seven years ago.
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