EgyptAir confirms Six Additional Embraer 170 Jets

Embraer has received confirmation from EgyptAir for six additional Embraer 170 aircraft. Deliveries will begin in 2009. The original contract, covering six firm orders and six options (now confirmed), was announced in September 2006. The total value of the new agreement, at list price, is US$ 189 million.

“We are honored to get the confirmation for an additional six Embraer 170s that further strengthens our relationship with EgyptAir, one of the most traditional airlines in the world, founded over 75 years ago,” said Mauro Kern, Embraer Executive Vice President, Airline Market. “EgyptAir Express’ decision to further expand its regional fleet with the Embraer 170 shows the suitability of these airplanes for many different airline business models and their passenger requirements.”

These Embraer 170s will be configured in a single-class layout, comfortably seating 76 passengers in leather seats, operating under EgyptAir’s newly created subsidiary, EgyptAir Express. The airplanes will be deployed on the carrier’s primary and secondary routes and will be fully integrated with domestic and regional markets.

“We are extremely satisfied with our Embraer 170 operation,” said Atef Abdul Hamid, Chairman of EgyptAir Holding Company. “This E-Jet gives us the unique combination of operational flexibility, distinctive passenger comfort and highly attractive economics for specific markets that require hot and high capability.”

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