(Reuters) – EgyptAir expects to receive in
December the first of nine new Boeing
737-800s ordered as part of plans to
upgrade its ageing fleet, its chairman
Safwat Mosallem said on Wednesday.
The airline announced last week it had
ordered nine Boeing 737-800 planes in
a deal valued at $864 million at current
list prices. Eight of the planes will be
financed by Dubai Aerospace Enterprise.
Mosallem told reporters that four Boeing
737-500 planes had now been retired
after about 25 years of service.
“The airline is keen to develop its fleet
by relying on the most modern aircraft,”
Mosallem said.
“The first of these aircraft will arrive
next December to boost the company’s
fleet in the coming period as we expect
a recovery in the tourism and airline
sectors.” (Writing by Lin Noueihed;
editing by Adrian Croft)