The Egypt-led commission investigating the crash of a Russian airliner in the Sinai Peninsula said that all speculations concerning the cause of the catastrophe were not based on any concrete evidence, the Egyptian Civil Aviation Ministry said in a statement. On October 31, an Airbus A321 operated by Russian airline Kogalymavia crashed while flying from Sharm El-Sheikh to St. Petersburg. All 224 people on board were killed. "The investigation committee has all the tools and experts to deal with the investigation and issue the final report which will take some time to finish. All speculations about the cause of the accident at this point are too early and are not based on any concrete evidence," the statement seen by RIA Novosti said. Egyptian Minister of Civil Aviation Hossam Kamal expressed deep condolences to the families and friends of the victims of the crash. Egypt is leading the investigation, as the crash took place on its territory, according to Russian Transport Minister Maxim Sokolov. The country-operator of the aircraft (Russia) will also take part in the probe. The country of registration of the aircraft (Ireland) and the manufacturer country (France) are also participating in the investigation. Several other countries have also expressed their desire to take part in the investigation.