EgyptAir orders up to 24 CS300 aircraft

Bombardier has signed a letter of intent (LOI) for up to 24 CS300 aircraft with EgyptAir at the Dubai airshow, which includes 12 CS300 aircraft with purchase rights for an additional 12 aircraft. Based on the list price of the CS300 airliner, a firm-order contract would be valued at approximately $1.1 billion. Should EgyptAir also exercise the 12 purchase rights for CS300 aircraft, the contract value would increase to nearly $2.2 billion. In the presence of His Excellency Minister of Civil Aviation of Egypt Sherif Fathi, a press conference was held at the Dubai Airshow where Safwat Musallam, Chairman and