Egypt stands to lose $280 mln a month from flight suspensions

Egypt stands to lose 2.2 billion Egyptian pounds ($280 million) a month from Britain and Russia's decision to suspend flights after the Russian plane crash in the Sinai Peninsula, Tourism Minister Hesham Zaazou said on Wednesday. Britain stopped flights to Sharm al-Sheikh four days after the passenger plane crashed shortly after taking off on Oct. 31 from the Red Sea resort, pointing to the likelihood that it was brought down by a bomb. Several European countries followed, and Russia later suspe