The COVID-19 pandemic is having a devastating effect on the short-term outlook of the Egyptian economy. The disease-induced emergency is paralysing all sectors, and opening the door to unprecedented losses. According to economists’ commentaries, the long-term economic impact largely depends on how long the disruption lasts.
In the transport sector, aviation was hit the hardest with a complete halt of passenger transport. The decision did not include cargo flights. According to official estimates, flight suspensions have resulted in financial losses for Egyptian airlines exceeding EGP 2.25 billion.
This report from CILT Egypt explains how the government has responded to the Covid-19 threat and how the transport and logistics sector can respond. Download and read the full report here.
This is an example of an international response which we are sharing as part of our global best practice resource to help you think about and determine appropriate responses locally.