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Smart Aviation of Egypt Orders Two Q400s

Search ASIA Travel Tips .com Send to Friend ASIA Travel Latest Travel News Tuesday, 31 August 2010

Smart Aviation Company of Cairo, Egypt, has signed a firm order with Bombardier Aerospace to acquire two Q400 NextGen turboprop aircraft, with options on an additional three Q400 NextGen aircraft.

Based on the list price for the Q400 NextGen aircraft, the value of the firm order is approximately US$62 million, which could increase to US$158 million should all three options be converted to firm orders.

A corporate jet aircraft charter operator since its founding in May of 2007, Smart Aviation has formed a commercial airline subsidiary and will use its Q400 NextGen aircraft to launch scheduled and charter services to complement its corporate aircraft activities throughout the Middle East.

“Middle East tourism and business travel are growing steadily and we want to be in a position to meet this growth with efficient, reliable, economical and passenger-friendly aircraft,” said Wael El-Maadawy, Chairman and Managing Director, Smart Aviation Company. “Bombardier turboprop aircraft have excelled on these attributes in the Middle East operating environment for several years, so the Q400 NextGen aircraft was the first choice for our new service.”

Optimized for short-haul operations, the 70 to 80-seat Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient turboprop. The aircraft are in service with more than 30 operators worldwide.

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