Due to the Central Bank of Egypt’s (CBE) decision to put restrictions on the transfer of foreign currency out of Egypt, Dutch airliner KLM announced that it would suspend its services to Cairo on 8 January 2017, the company announced on Wednesday.
“The devaluation of the Egyptian pound and the decision of the Central Bank of Egypt to impose restrictions on the transfer of foreign currency out of Egypt have a negative impact on results of KLM,” the airliner explained.
According to KLM, its final flight to Cairo will depart from Amsterdam on 6 January 2017 while the final flight returning to Amsterdam will be on 7 January 2017.
KLM made it clear that its subsidiary Air France would continue its operations in Cairo.
It also added that passengers with reservations to travel from Amsterdam to Cairo after 8 January 2017 would be rebooked on the most suitable alternative.