Bombardier announces agreement with EgyptAir for up to 24 CS300 aircraft
Nov 14 2017 by Johnny Bowman
The airline has signed a letter of intent for 12 firm orders, with an option for a further twelve.
The total order would be valued at almost $2.2 billion, Bombardier said, at current list prices.
Less than a month after Airbus agreed to rescue Bombardier's struggling C Series jet program, Bombardier has announced a second order for the narrowbody passenger plane. The deal is valued at $1.1 billion before discounts.
The EgyptAir letter of intent and a deal for up to 31 planes announced November 2 with an undisclosed customer are expected to be firmed up by the end of the year.
The CS300 is the larger version of Bombardier's C Series aircraft. In October, it said it would impose an 80 percent duty on top of duties of almost 220 percent on the aircraft, a benefit for rival Boeing. Bombardier hasn't sealed a major purchase since Delta Air Lines ordered 75 aircraft in April 2016.