{"id":637349,"date":"2017-11-14T04:08:32","date_gmt":"2017-11-14T04:08:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/egyptair-expected-to-announce-today-a-usd-1-1-bn-order-for-bombardier-c-series-planes\/"},"modified":"2017-11-14T04:08:32","modified_gmt":"2017-11-14T04:08:32","slug":"egyptair-expected-to-announce-today-a-usd-1-1-bn-order-for-bombardier-c-series-planes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/egyptair-expected-to-announce-today-a-usd-1-1-bn-order-for-bombardier-c-series-planes\/","title":{"rendered":"EgyptAir expected to announce today a USD 1.1 bn order for Bombardier C-Series planes"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>EgyptAir is expected to announce today a USD 1.1 bn order for Bombardier C-Series<\/strong><strong>jets, Boeing 787s:<\/strong> EgyptAir has reportedly been in advanced talks with Bombardier to buy 12 CS300 jets in a transaction worth c. USD 1.1 bn, people familiar with the matter <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-13\/bombardier-is-said-near-1-1-billion-c-series-deal-with-egyptair\">tell Bloomberg<\/a>. The order is expected to be announced today at the Dubai Air Show. The airline is also reportedly mulling other options to buy another dozen of the single-aisle planes, and EgyptAir is <strong>also expected to unveil an order for at least six of Boeing\u2019s 787 carbon fiber Dreamliners<\/strong>, said people familiar with the discussions. Airbus SE has also been in talks to secure a commitment for its A320neo single-aisle jetliners, the people said. The purchases come as part of an expansion of EgyptAir\u2019s fleet as tourism shows signs of recovery and the airline weathering the crash of EgyptAir flight MS 804 from Paris to Cairo. Civil Aviation Minister Sherif Fathy said last month that the government expected to pay about USD 3.3 bn of the costs the national flag carrier will incur in acquiring some 45 planes.<\/p>\n<p><strong>The EgyptAir contract would be a big win for Bombardier<\/strong>, which is <a href=\"https:\/\/beta.theglobeandmail.com\/report-on-business\/rob-commentary\/boeing-bombardier-dispute-is-trumpism-at-its-worst\/article36411051\/?ref=http:\/\/www.theglobeandmail.com&\">locked in trade dispute<\/a> with Boeing in the United States that saw the temporary imposition of a 220% duty on C-series jets sold into Amreeka.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EgyptAir is expected to announce today a USD 1.1 bn order for Bombardier C-Seriesjets, Boeing 787s: EgyptAir has reportedly been in advanced talks with Bombardier to buy 12 CS300 jets in a transaction worth c. USD 1.1 bn, people familiar with the matter tell Bloomberg. The order is expected to be announced today at 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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637349","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5bf6ad1e-c1aa-4137-b8c0-d47458370caf","order":"0","is_powered_by":true,"section_story_id":"43f098f7-e358-4eb8-8783-f5f0d4b8a8cd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637338],"teaser":"","voice_url":""},"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 expected to announce today a USD 1.1 bn order for Bombardier C-Series planes - 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\/2017\/11\/14\/egyptair-expected-to-announce-today-a-usd-1-1-bn-order-for-bombardier-c-series-planes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EgyptAir expected to announce today a USD 1.1 bn order for Bombardier C-Series planes\" \/>\n<meta property=\"og:description\" content=\"EgyptAir is expected to announce today a USD 1.1 bn order for Bombardier C-Seriesjets, Boeing 787s: EgyptAir has reportedly been in advanced talks with Bombardier to buy 12 CS300 jets in a transaction worth c. USD 1.1 bn, people familiar with the matter tell Bloomberg. 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The agreement will see Egypt\u2019s national flagship carrier\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":634112,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/egyptair-to-sell-subsidiaries-planes-to-finance-agreement-with-bombardier\/","url_meta":{"origin":637349,"position":1},"title":"EgyptAir to sell subsidiaries\u2019 planes to finance agreement with Bombardier","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"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\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":633999,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egyptair-converts-loi-for-bombardier-c-series-to-firm-order\/","url_meta":{"origin":637349,"position":2},"title":"EgyptAir converts LoI for Bombardier C Series to firm order","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"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\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":635434,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/egyptair-to-receive-last-of-nine-boeing-airplanes\/","url_meta":{"origin":637349,"position":3},"title":"EgyptAir to receive last of nine Boeing airplanes","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"EgyptAir will receive the ninth and final Boeing 737-800 Next-Generation aircraft under its USD 864 mn agreement with the company, Al Shorouk reports. The aircraft should be added to the fleet by week\u2019s end. 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The Dreamliners are from AerCap\u2019s order book with Boeing and are scheduled to be delivered in 2019. \u201cWe look forward to the 787 becoming an integral part of EgyptAir\u2019s fleet as we progress\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":627525,"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\/","url_meta":{"origin":637349,"position":5},"title":"EgyptAir to buy up to 30 new planes in USD 6 bn investment part of its 2022-2025 plan","author":"enterpriseam admin","date":"4 June 2018","format":false,"excerpt":"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. 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