Travel tickets in dollars..a new crisis besieges the Lebanese

Lebanese pound Conditional on return flights before next June".

And in the information you get on the site "Sky News Arabia", a source clarified that Middle East Airlines You will start approving prices Travel Tickets b"Fresh Dollars" Starting from the eighth of next June.

The company will stop receiving checks, especially since it is not able to collect all of them, and the matter is limited to receiving one third at a price of 3900 Lebanese pounds per dollar, while the company pays to the International Air Transport Association. "IATA" Amounts in dollars according to market rate.

The head of the Syndicate of Tourism and Travel Agents in Lebanon, Jean Abboud, confirmed in an interview with the website "Sky News Arabia", that decision "Not limited to Middle East Airlines", pointing out that "Companies operating in the Lebanese market used to accept checks from travel agencies, waiting for the Banque du Liban to transfer their dollars abroad, but it delayed the transfer until the value of the outstanding receivables became about $150 million.".

و :ضاف: "With the exacerbation of this crisis and the economic and monetary conditions, the help came from the side of the International Air Transport Association THERE IT IS As he agreed to charge companies operating in Lebanon, the price of travel tickets in cash dollars, starting from June".

Abboud explained that the adoption of the dollar is accompanied by an adjustment of prices in proportion to the Lebanese crisis, and therefore, "Ticket prices, which were about a thousand dollars (to match the market), will become about 300 dollars according to (Fresh Dollars)."Note that companies operating in Lebanon pay taxes in pounds, according to the official exchange rate, 1500 pounds.

The value of taxes and fees is about 20% of the ticket cost, and this amendment reduces the cost of the ticket in dollars, but raises it for the majority of Lebanese.

ويتع: "All this indicates that the aviation sector will witness an additional contraction that will increase its crisis, which has exacerbated with the spread of the Corona pandemic, which forced Rafic Hariri International Airport in 2020 to operate at 30% of its operational capacity.".

Regarding the state of travel agencies in Lebanon, Abboud said: "It also decreased by about 75%, from 213 offices, it became 157, and about 25% of them were closed due to the dollar crisis and the Corona pandemic.".

Abboud expected that the possibility of travel would be limited to about 4 percent of the Lebanese, saying that "Even someone who owns the dollar may not dispense with it in order to travel unless he has to, as there are priorities for the Lebanese".

ويتع: "Hundreds of families who were spending their holidays abroad will be absent from the airport corridors, and the scene will be limited to businessmen and perhaps students".

Abboud pointed out that the downturn in the aviation sector is not limited to the Lebanese market, although it is the most vulnerable to loss due to the internal crisis.

He explained that the International Federation showed in its reports on the Middle East and North Africa that the Corona virus will lead to losses of at least 24 billion dollars, and about 1.2 million jobs out of 2.4 million jobs related to aviation and related industries will be affected..

Abboud saw that travel offices "It does not have any ideas for a solution, as the crisis is linked to the price of the dollar, and it seems that there is no solution soon for it".

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And she added, in an email to customers, that “until the time for implementing the decision, payment by local checks or by . will remainLebanese pound Conditional on return flights before next June“.

In information obtained by “Sky News Arabia”, a source clarified that Middle East Airlines You will start approving prices Travel Tickets With “Fresh Dollars” starting from the eighth of next June.

The company will stop receiving checks, especially since it is not able to collect all of them, and the matter is limited to receiving one third at a price of 3900 Lebanese pounds per dollar, while the company pays to the International Air Transport Association “IATA” the dollar amounts according to the market price..

The head of the Syndicate of Tourism and Travel Agents in Lebanon, Jean Abboud, confirmed in an interview with “Sky News Arabia” that the decision “is not limited to Middle East Airlines,” noting that “companies operating in the Lebanese market were accepting checks from travel offices, waiting for a bank to take over. Lebanon transferred its dollars abroad, but it was late in transferring it until the value of the outstanding receivables became about 150 million dollars“.

He added: “With the exacerbation of this crisis and the economic and monetary conditions, the help came from the side of the International Air Transport Association THERE IT IS He agreed that companies operating in Lebanon would pay the price of travel tickets in cash dollars, starting from June..

Abboud explained that the adoption of the dollar is accompanied by an adjustment of prices in proportion to the Lebanese crisis, and accordingly, “ticket prices, which were about a thousand dollars (to match the market), will become about 300 dollars according to (Fresh dollars),” knowing that companies operating in Lebanon pay taxes. In pounds, according to the official exchange rate, 1500 pounds.

The value of taxes and fees is about 20% of the ticket cost, and this amendment reduces the cost of the ticket in dollars, but raises it for the majority of Lebanese.

He continued, “All of this indicates that the aviation sector will witness an additional contraction that will add to its crisis, which has exacerbated with the spread of the Corona pandemic, which forced Rafic Hariri International Airport in 2020 to operate at 30% of its operational capacity.”

Regarding the state of travel offices in Lebanon, Abboud said: “They also decreased by about 75 percent, after their number was 213, it became 157, and about 25 percent of them were closed due to the dollar crisis and the Corona pandemic.”

Abboud expected that the possibility of travel would be limited to about 4 percent of the Lebanese, saying that “even those who own the dollar may not dispense with it in order to travel unless they are forced, as there are priorities for the Lebanese.”“.

He continued, “The scene of hundreds of families who were spending their holidays abroad will be absent from the corridors of the airport, and the scene will be limited to businessmen and perhaps students.“.

Abboud pointed out that the downturn in the aviation sector is not limited to the Lebanese market, although it is the most vulnerable to loss due to the internal crisis.

He explained that the International Federation showed in its reports on the Middle East and North Africa that the Corona virus will lead to losses of at least 24 billion dollars, and about 1.2 million jobs out of 2.4 million jobs related to aviation and related industries will be affected..

Abboud said that the travel agencies “do not have any ideas for a solution, as the crisis is linked to the price of the dollar, and it seems that there is no immediate solution to it.”

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