EgyptAir is looking to buy as many as 30 new planes at a cost of USD 6 bn as part of its 2022-2025 expansion strategy, Chairman Safwat Musallam tells Al Shorouk. The national flag carrier may ask prospective bidders to arrange a loan to finance the sale, which is necessary for EgyptAir as it adds more flights and routes to its lineup. EgyptAir, which is considering adding two new routes to African cities in 2018, received late last year the ninth and final aircraft from Boeing under an EGP 864 mn agreement signed in 2016.
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