EgyptAir to Make Largest Deal in Its History, With 45 New Aircraft

30 Oct 2017

Egyptian Minister of Aviation Shereif Fathy said that the second phase to modernize EgyptAir will include the purchase of 45 aircraft, and will be implemented in two stages.

The EgyptAir deal will be the largest in the company history, with the goals to reduce operating costs, restore the company’s global position, and achieve profitability.

Fathy met with Egyptian Prime Minister Shereif Ismail on Saturday to discuss plans to modernize Egypt’s airports and the EgyptAir company.

During a press conference, Fathy said his meeting with the Prime Minister was to review plans for the development of the company and deals for new aircrafts, which is near the first phase of its completion through the purchase of nine new planes. Egypt has already received eight of the nine-part fleet and will receive the ninth next year.

Egyptian airports are gearing up for the World Youth Forum taking place in Sharm el-Sheikh from November 4 till November 10, 2017. Fathy said that preparations at the airports are underway to maintain the highest levels of service quality and security for the global event, saying the ministry has provided reception counters and a customer care center within the conference halls to serve guests at the forum.

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