{"id":627525,"date":"2018-06-04T04:06:40","date_gmt":"2018-06-04T04:06:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/"},"modified":"2018-06-04T04:06:40","modified_gmt":"2018-06-04T04:06:40","slug":"egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/","title":{"rendered":"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan"},"content":{"rendered":"<p>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 <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=03062018&id=957de433-e7bb-4b93-85da-e8632e817670\">tells Al Shorouk<\/a>. 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, <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/04\/egyptair-to-receive-last-of-nine-boeing-airplanes\/\">received late last year<\/a> the ninth and final aircraft from Boeing under an EGP 864 mn agreement signed in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[72,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627525","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"f51e290d-ebd1-4db0-a2d0-45e66be97d4f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan","related_issue":[627489],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.be587d3e-4d24-4e2d-ad7b-bbfd31aa73ca.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-04T04:06:40+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan\",\"datePublished\":\"2018-06-04T04:06:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\"},\"wordCount\":106,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/egyptair-to-buy-up-to-30-new-planes-in-usd-6-bn-investment-part-of-its-2022-2025-plan\/\",\"name\":\"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan - 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USD 1.1 bn, people familiar with the matter tell Bloomberg. The order is expected to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602539,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/31\/egyptair-to-begin-operating-cairo-kigali-flights-in-april\/","url_meta":{"origin":627525,"position":1},"title":"EgyptAir to begin operating Cairo-Kigali flights in April","author":"enterpriseam admin","date":"31 March 2019","format":false,"excerpt":"EgyptAir will begin operating flights between Cairo and Kigali, Rwanda\u2019s capital city, as of 27 April, Al Shorouk reports. No details were provided on the frequency of flights on the new route. Sources in the company also reported that EgyptAir received its first Boeing 787 dreamliner as part of a\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639184,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/23\/egyptair-in-the-market-for-a-usd-870-mn-loan-to-finance-new-fleet-additions\/","url_meta":{"origin":627525,"position":2},"title":"EgyptAir in the market for a USD 870 mn loan to finance new fleet additions","author":"enterpriseam admin","date":"23 October 2017","format":false,"excerpt":"EgyptAir is looking to borrow USD 870 mn from local banks to finance a portion of its planned purchase of 33 new planes, Al Mal reports. 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The financing for the USD 1.1 bn transaction will be provided from the proceeds of the sale of EgyptAir\u2019s subsidiaries\u2019 aircraft. Sources said the company already sold five aircraft and is in the\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595938,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/egyptair-set-to-receive-sixth-and-final-boeing-dreamliner\/","url_meta":{"origin":627525,"position":4},"title":"EgyptAir set to receive sixth and final Boeing Dreamliner","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"EgyptAir will receive the sixth and final Boeing 787-9 Dreamliner today as part of a USD 6 bn agreement signed in late 2017 to buy 45 new planes to upgrade its fleet, Al Shorouk reported. 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