EgyptAir to finalise Boeing deal

EgyptAir is set to buy a dozen new Boeing 737-800s for US $850 million.

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By  Neil Denslow Published  May 28, 2005

EgyptAir is set to buy a dozen new Boeing 737-800s for US $850 million, according to the airline’s chief executive, Sherif Galal. Galal told reporters that a contract would be signed next week. "The Boeing offer has been chosen because EgyptAir was given numerous advantages," he added. "They [the 737s] will start to join the fleet in the middle of 2006 and until the end of 2007.” The new planes, which have a capacity of 159 seats, will serve on EgyptAir’s routes to Europe cities and the Middle East. The state-owned carrier will also buy a US $12 million 737 flight simulator for training purposes.

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