EgyptAir parent EgyptAir Holding placed firm orders valued at more than $160 million for six Embraer 170s with options for six more and plans to launch a Regional subsidiary to operate the aircraft. First delivery is slated for April 2007, with the 170s comprising the fleet of the new EgyptAir Express, described by its chairman, Mohamed Hassan, as "a high-profile domestic and Regional airline." No other details on the subsidiary, scheduled to launch in the 2007 second quarter, were ...

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