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EgyptAir in deal to buy 24 Bombardier C-Series planes

From BBC - November 14, 2017

EgyptAir intends to buy up to 24 of Bombardier's C-Series planes, the aerospace firm has said.

The airline has signed a letter of intent for 12 firm orders, with an option for a further 12.

The book value of the deal would be $2.2bn (1.7bn) if EgyptAir buys all 24 planes, though in practice the airline can expect a discount on that price.

C-Series wings are made at Bombardier's Belfast operation, providing employment for about 1,000 people.

Earlier this month an unnamed European airline said it intended to buy at least 31 of the C-Series planes.

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