Bombardier wins up to $2.2 bn CSeries orders from EgyptAir

Bombardier wins up to $  2.2 bn CSeries orders from EgyptAirCanadian aircraft maker Bombardier said Tuesday it had agreed to sell up to 24 CSeries aircraft to EgyptAir for a total price tag of nearly $ 2.2 billion. According to a letter of intent signed between both companies, the Egyptian carrier placed 12 firm orders for CS300 planes and took out purchase rights for another 12, Bombardier said in a statement released during the Dubai air show. “We undertook a thorough evaluation process of our fleet and realised that the CS300 would fit perfectly into our business plans and growth strategy,” EgyptAir CEO Safwat Musallam said in the statement.

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