Mostly Asian and European tourists were killed in the crash after a balloon caught fire following a mid-air gas explosion near the Valley of the Kings and pharaonic temples popular with travelers. One Egyptian was also killed.
Tour operators would be allowed again to conduct hot air balloon flights from April 1, Civil Aviation Minister Wael al-Maadawi told state news agency MENA.
He said authorities had improved safety rules and would enforce more maintenance controls at balloon flight operators.
Hot air ballooning is popular with tourists, who are a mainstay of the Egyptian economy, although visitor numbers have fallen sharply since a 2011 uprising that toppled President Hosni Mubarak. Two years of political instability have kept many foreign tourists away. (