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The start of the year 2011 proves quite disturbing for many airlines as in the very beginning, the political unrest in Egypt followed by the same in Libya and Bahrain have cost billions to the national carries of the states as well as other airline flying to / from or via the affected countries.
Flights to Cairo, Alexandria, Luxor and Sharm el Sheikh remained non-operational for a long while during the political tensions. Also, at present Libya is nearly close to becoming a no fly zone, affected flights to Tripoli and onward connections to other African cities including but not limited to Johannesburg flights, Cape Town, Durban, Entebbe, Lagos, Accra, Nairobi, Harare, Botswana and many interlined African destinations.
Here it is important to recall that the end of year 2010, when most airlines were expecting their peak season to earn and cover any lose during the first three quarters of the year, unfortunately the world was surprised by weather adversaries. The December last year is claimed to be the coldest December is more than a 100 years in the history of Europe. Major UK airports including London Heathrow, Manchester and London Gatwick Airports remained closed. Among the airlines flying from…Read more
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