Qantas power struggle heads for 2013 showdown that may result in Jetstar IPO
19th November 2012
AerCap Holdings and EGYPTAIR have executed long-term operating leases for two Boeing 787-9 aircraft.
The aircraft are from AerCap's order book with Boeing and the first unit is scheduled to deliver in 2021 with the second unit delivering in 2022.
AerCap is the world's largest customer of the 787 aircraft, with a total of 117 owned and on order.
AerCap CEO Aengus Kelly said: "AerCap is very proud to continue to support EGYPTAIR's widebody fleet renewal program and sustainable growth ambitions. We thank our friends and partners at EGYPTAIR for their continued confidence in AerCap and we look forward to working with the EGYPTAIR and Boeing teams as these aircraft deliver."
In October 2017, EGYPTAIR placed an order with AerCap for six 787-9 aircraft, all of which were delivered to the airline in 2019.
Ahmed Adel, CEO and chairman of EGYPTAIR Holding Company, added: "I would like to take this opportunity to express my sincere thanks for the kind support from AerCap. We are pleased to boost our cooperation with AerCap, a strategic partner that we recognise and hold in high regard.
"The B787-9 aircraft is the most technologically advanced aircraft.
"We will continue to adhere to our strategic vision being the preferred airline for Egypt and worldwide travellers, bringing more advanced products and better service to passengers."