Egyptair to buy 12 Bombardier aircraft

Ivan Schwartz
November 15, 2017

Bombardier has revealed that EgyptAir is planning to acquire up to 24 C-Series aeroplanes.

Davy Thompson, Unite's regional co-ordinating officer for Northern Ireland, said the latest order for 12 CS300 Bombardier aircraft from the EgyptAir Holding Company is a positive signal for Northern Ireland.

No Middle East customer has said when it would take delivery of CSeries jets. The deal is valued at $1.1bn before discounts.

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EgyptAir Chairman Safwat Moslem told a Dubai Airshow news conference on Tuesday the CS300 aircraft, which seat 130 passengers, would be used by the airline's domestic and regional carrier EgyptAir Express. The aircraft had been plagued by delays and cost overruns, and recently was hit with potentially crushing tariffs in the United States after a trade complaint by Boeing.

In Dubai, Ethiopian Airlines' chief executive said he would decide next year whether to buy CSeries or Brazil-based Embraer's E-jet series as a replacement for its Boeing's 737-7. Bombardier hasn't sealed a major purchase since Delta Air Lines ordered 75 aircraft in April 2016.

The CS300 carries a list price of $89.5 million, although discounts of 50 percent or more are common in the industry. Airbus has also been in talks to secure a commitment from the carrier, the people said.

Other reports by GizPress

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