{"id":634112,"date":"2018-01-04T04:05:14","date_gmt":"2018-01-04T04:05:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/egyptair-to-sell-subsidiaries-planes-to-finance-agreement-with-bombardier\/"},"modified":"2018-01-04T04:05:14","modified_gmt":"2018-01-04T04:05:14","slug":"egyptair-to-sell-subsidiaries-planes-to-finance-agreement-with-bombardier","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/egyptair-to-sell-subsidiaries-planes-to-finance-agreement-with-bombardier\/","title":{"rendered":"EgyptAir to sell subsidiaries\u2019 planes to finance agreement with Bombardier"},"content":{"rendered":"

EgyptAir will self finance its agreement to buy 12 CS300 aircraft from Bombardier, sources tell Al Mal<\/a>. 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 process of selling 12 more belonging to domestic carrier Express. The remaining amounts would be raising using bank loans. EgyptAir had converted a letter of intent with Bombardier to a firm agreement to buy the 12 aircraft last week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

EgyptAir will self finance its agreement to buy 12 CS300 aircraft from Bombardier, sources tell Al Mal. 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 process of selling 12 more […]<\/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-634112","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"1ab4924e-15be-4d3f-a549-6a2af854fead","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EgyptAir to sell subsidiaries\u2019 planes to finance agreement with Bombardier","related_issue":[634080],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.4678bd93-33a4-4539-86fb-9671c4c32156.mp3"},"yoast_head":"\nEgyptAir to sell subsidiaries\u2019 planes to finance agreement with Bombardier - 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\/04\/egyptair-to-sell-subsidiaries-planes-to-finance-agreement-with-bombardier\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir to sell subsidiaries\u2019 planes to finance agreement with Bombardier\" \/>\n<meta property=\"og:description\" content=\"EgyptAir will self finance its agreement to buy 12 CS300 aircraft from Bombardier, sources tell Al Mal. The financing for the USD 1.1 bn transaction will be provided from the proceeds of the sale of EgyptAir\u2019s subsidiaries\u2019 aircraft. 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