DTN News: Boeing Next-Generation 737s Expand EgyptAir's Single-Aisle Fleet
*EgyptAir adds eight 737s to its previous order for 12; targeting regional traffic growth and increased international connectivity through Cairo International Airport
*Source: DTN News /Boeing
(NSI News Source Info) SEATTLE - August 7, 2009: Boeing (NYSE: BA) and EgyptAir yesterday Aug. 6, announced that the airline has converted a previous order for two 777s into an order for an additional eight Next-Generation 737-800s.
EgyptAir is a state-owned company with special legislation permitting the management to operate as if the company were privately owned without any interference from the government. The company is self-financing without any financial backing by the Egyptian government.The order was added last week to Boeing's Orders & Deliveries
Web site attributed to an unidentified customer. The airline currently has seven 737-800s in operation and it is taking delivery of an additional five 737-800s this year. The airline currently has five 777s in its fleet and is scheduled to receive six 777-300ERs beginning next year.
"As a Star Alliance member, operating from a newly opened ultra-modern, international terminal at Cairo International Airport, we are pursuing a fleet plan that allows us to expand our regional markets and offer those passengers extensive international routing options," said EgyptAir Chairman Capt. Tawfik Assy. "We've found the 737 performs exceptionally well in maintaining our scheduled flights to and from Cairo and that the 777 is unmatched in efficiency on our long-haul flights to our international destinations."
EgyptAir joined the Star Alliance in July 2008. The carrier has been focused on increasing the utilization of Cairo International Airport as a key regional hub for both passenger and air freight operations.
"EgyptAir's deployment of the 737 and 777 to meet its fleet growth plans shows how Boeing's product strategy is built upon providing unmatched reliability and efficiency across the product line," said Marty Bentrott, vice president of Sales for the Middle East, Central and South Asia. "Our airplanes are engineered to perform numerous types of missions within their size class, and EgyptAir has done a remarkable job utilizing these airplanes, while streamlining its operations and bringing passengers notably improved services."
Boeing's 777 is the world's most successful and best-selling twin-engine, long-haul commercial jetliner with 60 customers and orders for 1116 airplanes through the end of July 2009.
Since the 737 program's inception, more than 250 customers have taken delivery of more than 6,000 airplanes, making it the most successful commercial airplane program in history. The Next-Generation 737, which entered service in 1998, currently has over 5,000 orders from more than 100 customers.
Contact:
Brian Walker
Boeing Commercial Airplanes International & Sales Communications
+1 206-356-4606
Vicki Ray
737 Program Communications
Source: DTN News / Boeing
(NSI News Source Info) SEATTLE,- March 10, 2010: EGYPTAIR and leasing company GE Capital Aviation Services (GECAS) took delivery Monday of the 
first Boeing (NYSE: BA) 777-300ER (Extended Range) commercial jetliner to join EGYPTAIR's fleet. EGYPTAIR operates a fleet of five Boeing 777-200ERs, five 737-500s and 12 737-800s, with another eight 737-800s on order directly from Boeing. The Egyptian flag carrier is leasing the new 777-300ER from GECAS and will take an additional five 777-300ERs on lease through the second quarter of 2011 to continue upgrading its long-haul service.
"This delivery is a substantial milestone in the history of EGYPTAIR. We will continue to bring the latest to our customers who deserve the best of everything. This is a continuation of the long term partnership with Boeing," said Hussein Massoud, chairman of EGYPTAIR Holding Company.
"The 777-200ER has always been one of the strongest performers in our fleet for fuel efficiency and reliability. The 777-300ER's additional improvements in fuel efficiency and seat-mile costs will directly benefit our bottom line," said EGYPTAIR Airlines Chairman Capt. Alaa Ashour. "The 777-300ER is an important part of our fleet modernization and growth plans to achieve greater profitability."
EGYPTAIR's new 777-300ER has 346 seats including 49 lie-flat beds with a 78-inch seat pitch, plus an in-seat entertainment system throughout the cabin. A member of the Star Alliance, EGYPTAIR will operate 777-300ERs on routes to London, Tokyo and North America.
