EgyptAir and Boeing announced an order today for nine Next-Generation 737-800 aeroplanes at the 2016 Farnborough International Air Show. The deal is valued at $864m on current list prices.
Eight of the airplanes will be financed by Dubai Aerospace Enterprise, headquartered in Dubai, United Arab Emirates.
The announcement coincides with 50 years of partnership between Boeing and the airline that began with an order for a 707 in 1966. EgyptAir placed its first 737 order in 1975.
EgyptAir currently operates 20 737-800NGs. When the nine aeroplanes on order have been delivered, this aircraft will comprise the largest single-aisle aircraft type in its fleet. The airline also has six 777-300ERs and two 777-200ERs. EgyptAir forecasts significant growth of their total fleet to 105 airplanes by the end of fiscal year 2020/2021.
The 737-800 is the best-selling version of the Next-Generation 737 family, known for its reliability, fuel efficiency, and economic performance.