{"id":633999,"date":"2018-01-02T04:29:22","date_gmt":"2018-01-02T04:29:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/"},"modified":"2018-01-02T04:29:22","modified_gmt":"2018-01-02T04:29:22","slug":"egyptair-converts-loi-for-bombardier-c-series-to-firm-order","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/","title":{"rendered":"EgyptAir converts LoI for Bombardier C Series to firm order"},"content":{"rendered":"<p>EgyptAir has converted a letter of intent (LoI) to a firm agreement for the sale and purchase of 12 CS300 aircraft along with purchase rights for an additional 12 CS300 aircraft from Bombardier, <a href=\"http:\/\/www.bombardier.com\/en\/media\/newsList\/details.bca-20171229-egyptair-converts-letter-of-inteombardier-c-series-.bombardiercom.html\">the company announced<\/a>. The LoI was announced in November at the 2017 Dubai Air Show. \u201cBased on the list price of the CS300 airliner, the firm-order contract would be valued at approximately USD 1.1 bn. Should EgyptAir exercise the 12 purchase rights for CS300 aircraft, the contract value would increase to nearly USD 2.2 bn,\u201d Bombardier says._<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EgyptAir has converted a letter of intent (LoI) to a firm agreement for the sale and purchase of 12 CS300 aircraft along with purchase rights for an additional 12 CS300 aircraft from Bombardier, the company announced. The LoI was announced in November at the 2017 Dubai Air Show. \u201cBased on the list price of the [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633999","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d7a514ef-7143-4e66-93f3-aff6027dfec2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EgyptAir converts LoI for Bombardier C Series to firm order","related_issue":[633965],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.9be885a5-c004-4b9b-a6f1-f2b119b57512.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 converts LoI for Bombardier C Series to firm order - 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\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir converts LoI for Bombardier C Series to firm order\" \/>\n<meta property=\"og:description\" content=\"EgyptAir has converted a letter of intent (LoI) to a firm agreement for the sale and purchase of 12 CS300 aircraft along with purchase rights for an additional 12 CS300 aircraft from Bombardier, the company announced. The LoI was announced in November at the 2017 Dubai Air Show. \u201cBased on the list price of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-02T04:29:22+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\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EgyptAir converts LoI for Bombardier C Series to firm order\",\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/\",\"name\":\"EgyptAir converts LoI for Bombardier C Series to firm order - 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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":637411,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/egyptair-bombardier-sign-letter-of-intent-for-usd-1-1-bn-aircraft-purchase\/","url_meta":{"origin":633999,"position":1},"title":"EgyptAir, Bombardier sign letter of intent for USD 1.1 bn aircraft purchase","author":"enterpriseam admin","date":"15 November 2017","format":false,"excerpt":"EgyptAir, Bombardier sign letter of intent for USD 1.1 bn aircraft purchase: EgyptAir Holding Company signed yesterday a letter of intent with Canada\u2019s Bombardier to purchase up to 24 C-Series planes for USD 1.1 bn, the Canadian company said in a statement. 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