Egyptian flag carrier Egyptair has agreed to the purchase of six Boeing 787-9 Dreamliners as well as an unspecified number of A320NEO family aircraft. While the deal has yet to be finalized, it has been approved by EgyptAir’s board of directors.

EgyptAir currently uses a mix of Airbus A330 and Boeing 777 aircraft for its long-haul operations. It should be noted that EgyptAir currently has six Airbus A330-200 aircraft as well as six Boeing 777-300ER aircraft, signifying that the 787 could be used as a one to one replacement for one of the two types. While all of EgyptAir’s 777-300ERs are under eight years old, they are all leased, suggesting that the 787-9s could specifically be used to replace the 777-300ERs as they are primarily flown on long-haul routes to North America and East Asia. The 787-9 would be a smaller capacity aircraft than the 777-300ER, potentially allowing for more profit with higher load factors and lower operating costs on long-haul routes.

It has been a good couple of months for Boeing’s 787, as EgyptAir is the third customer that did not previously fly the 787 Dreamliner to place an order for the aircraft following Malaysia Airlines and Turkish Airlines. It should also be noted that Japan Airlines placed an order for four more 787s as they are the second largest operator of the 787 with 35 already in the fleet and now fourteen more on order. This is big for Boeing as it shows that 787 operators are satisfied with the product of the 787.

In the other part of the order, Egyptair has agreed to order an unspecified amount of A320NEO series aircraft. While it is unknown which member of the family these aircraft will be, it appears most likely that they will be the A321NEO, which would give Egyptair an aircraft in between the 737-800 and the A330-200 for medium range operations to northern Europe, southern Africa, and the Middle East. EgyptAir’s narrowbody fleet currently consists of four Airbus A320s, four Airbus A321s, and 26 737-800s with three more on order. The 737s have an average age of just six years old compared to 17 years for the Airbus narrowbodies. The new Airbus A320NEOs will likely be used for expansion as well as the replacement of the older A320 series aircraft.

Featured image by Konstantin von Wedelstaedt via Wikimedia Commons.

Categories: Industry Talk