in Aerospace

EgyptAir firms order for 12 Bombardier C Series aircraft

Posted 2 January 2018 · Add Comment

Bombardier Commercial Aircraft and EgyptAir Holding Company have executed a firm agreement for the sale and purchase of 12 CS300 aircraft along with purchase rights for an additional 12 CS300 aircraft.

EgyptAir’s Letter of Intent (LOI) was previously announced on November 14 during the 2017 Dubai Air Show.

“As we look back at the C Series successful entry in service, we are thrilled that its many achievements are paving the way to further success. Welcoming EgyptAir to the family of C Series operators is another landmark moment for Bombardier,” said Fred Cromer, President, Bombardier Commercial Aircraft. “The aircraft is performing exceptionally well, the industry recognizes the C Series as best in class, and this order from another well-established airline is testament to its tremendous value.”

This order will enable EgyptAir to better serve domestic and regional destinations as well as several European and African destinations.

“The CS300’s unique profitability profile will allow us to open up new opportunities and fits perfectly into our growth strategy,” said Safwat Musallam, Chairman and CEO, EgyptAir.” Our passengers will experience modern and best in class comfort, and we look forward to integrate this innovative and efficient aircraft to our fleet.”

Based on the list price of the CS300 airliner, the firm-order contract would be valued at approximately US$1.1 billion. Should EgyptAir exercise the 12 purchase rights for CS300 aircraft, the contract value would increase to nearly US$2.2 billion.‎

* required field

Post a comment

Other Stories
Latest News

NATS signs cooperation agreement with HungaroControl

The UK-based air traffic services provider, NATS, has signed an agreement with its Hungarian counterpart, HungaroControl, with the view to collaborating on digital tower projects around the world.

Babcock supporting small businesses with Innovation Zone

Babcock International is offering start–ups and small businesses the unique opportunity to showcase their latest innovations in the Babcock Innovation Zone at the Undersea Defence Technology (UDT) conference and exhibition in

Defence Secretary announces Ł3.7m Ajax threat detection deal

The Defence Secretary has announced a £3.7 million deal to equip the Army’s next generation armoured vehicle with the latest in automated threat warning systems.

Jacksons Fencing secures defence assets at Portsmouth Naval Base

Jacksons Fencing has installed high security solutions at Portsmouth Naval Base, including Princess Royal Jetty, the shared border with the historic HMS Warrior 1980, an iconic harrier jump jet display and the base’s main entrance at

Aeroco to double the size of its new facility

Due to growth in customer demand, aircraft cabin and component maintenance specialist, Aeroco Group International, has announced further investment plans that will double the size of its brand-new state of the art facility.

UKspace welcomes the Space Industry Bill passing into law

UKspace welcomes the passing into law of the Space Industry Bill which not only puts in place the enabling legislation to allow space flight from UK soil, it also modernises the existing UK space law keeping pace with technology trends and

ODU SK191217191218
See us at
SMI FAVSABT2411120418SMI FAVWSBT1402060618FIL18 BT111017220718Aviation Africa BT18418SMI HelicopterTBT1402240518