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EgyptAir orders two Q400s for new venture; takes delivery of first A330-300

EgyptAir said its corporate jet aircraft charter subsidiary Smart Aviation Co. has formed a commercial airline unit that will be launched with two Q400 NextGen aircraft ordered Monday. Bombardier said the order's value is $62 million based on list prices but could rise to $158 million if EgyptAir exercises three Q400 options also placed Monday.

Bombardier Q400NG. Photo: Courtesy, Bombardier. EgyptAir said its corporate jet aircraft charter subsidiary Smart Aviation Co. has formed a commercial airline unit that will be launched with two Q400 NextGen aircraft ordered Monday. Bombardier said the order's value is $62 million based on list prices but could rise to $158 million if EgyptAir exercises three Q400 options also placed Monday. Smart Aviation Chairman and MD Wael El-Maadawy said, "Middle East tourism and ...

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