Home BUSINESS EgyptAir’s Bombardier CSeries outline deal valued at $1.1 billion

EgyptAir’s Bombardier CSeries outline deal valued at $1.1 billion

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EgyptAir’s letter of intent for 12 firm Bombardier CS300s jets announced on Tuesday is valued at $1.1 billion, according to a Bombardier statement.

The value of the agreement would increase to nearly $2.2 billion if options to acquire a further 12 CS300s are exercised, the statement said.

The deal was announced at the Dubai Airshow.

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