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EgyptAir
has concluded an order for up to 12 Boeing 737-800s, a firm order for six airplanes with purchase
options for an additional six.
The complete airplane deal is valued at $850 million at list prices, marking another significant investment in EgyptAir's fleet renewal. The airline currently operates one of
the industry's youngest airplane fleets.
The airline will take delivery of its first 737-800 in
September 2006, with the remaining airplanes joining its fleet through December 2009.
"Egypt is a land of history and so, too, we respect the history we've shared with Boeing during EgyptAir's growth and development," said Engineer Atef Abd
El-Hamid, chairman and CEO of EgyptAir Holding Company. "These new 737-800s, with their high degree of reliability and ruggedness, offer us the opportunity to maximize our
operating efficiency and provide excellent service to our passengers."
EgyptAir operates 400 weekly flights from Cairo and several Egyptian cities providing route connectivity to more than 66 destinations across Asia, Europe, Africa and
North America.
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