DAE Delivers First of Eight Boeing 737-800NG to EgyptairSource: www.export-egypt.com 2/12/2017, Location: Africa |
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EgyptAir received its 1st Boeing 737-800 aircraft. This is the inaugural delivery of the Sale & Leaseback with PDP funding agreement between EgyptAir and Dubai Aerospace Enterprise (DAE) Ltd., which was announced in October 2016. The delivery of this aircraft (MSN 63799) took place at the Boeing delivery center in Seattle.
The remaining seven aircraft are scheduled to be delivered later this year. Under the deal, the DAE, a globally recognized aerospace company headquartered in Dubai, will finance the eight Boeings and lease them to Egypt for 12 years. The 737/800 model is highly preferred by the main airlines as it has several advantages, including low fuel consumption and ability to fly for up to six hours nonstop. The new aircraft, which have several other advantages, including wider seats and other luxurious options, will help complete EgyptAir’s strategy toward upgrading its fleet. |
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