Egyptair to buy 12 Bombardier aircraft

Violet Tucker
November 15, 2017

Bombardier has revealed that EgyptAir is planning to acquire up to 24 C-Series aeroplanes.

State-owned EgyptAir signed an initial order for 12 Bombardier Inc CSeries jets on Tuesday, marking the Canadian planemaker's second deal for the aircraft this month after a 1-1/2-year-long sales drought.

Through its recent agreement with Airbus, Bombardier plans to get around swingeing US tariffs on imports of the C Series by constructing aircraft at Airbus' US factory.

On Oct. 25, Bombardier responded hotly to a decision by Moody's rating service to downgrade Bombardier's credit rating and outlook. The aircraft are to be powered by Pratt & Whitney Geared Turbofans (GTF).

EgyptAir has agreed to purchase 12 orders from Bombardier with the option for a further 12.

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The C Series is a new program and the numbers aren't huge.

Mr Thompson said Bombardier's CSeries aircraft programme now accounts for 1,000 jobs in the North and every order is welcome.

But because the C Series jets are so new, every order counts as a vote of confidence in its future.

Airbus agreed in October to take a majority stake in Bombardier's CSeries jetliner program, and has said any CSeries jets intended for the USA market would be built at its production facility in Alabama, potentially allowing the planes to avoid punitive duties. Swiss and Air Baltic, which began flying the CS300 in December, have reported better-than-expected fuel efficiency, which is key to the jet's appeal.

We're thrilled that EgyptAir selected the CS300 aircraft to renew its fleet.

Other reports by Guamnewswatch

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