Aircraft landing and parking fees are set to be halved, while rates for ground services at South Sinai, Red Sea and Matrouh airports will be cut by 20%.
The price of air fuel will also be cut 10%. The incentives will run until the end of October.
It follows a meeting between tourism minister Khaled El-Enany and civil aviation minister Mohamed Manar.
Egypt last month announced it was cutting the cost of some tourism visas, and entry fees for archaeological sites and museums.