Embraer reveals EgyptAir deal

Embraer has announced that EgyptAir Holding Company has placed a firm order
for six EMBRAER 170s, with options for another six aircraft of the same
type. Delivery of the first aircraft is scheduled for April 2007, when
EgyptAir celebrates its 75th anniversary.
  The EMBRAER 170 will operate under EgyptAir’s newly created subsidiary,
EgyptAir Express, and the aircraft will be the launch airliner in EgyptAir
Express’ newest fleet. The aircraft will be configured in a single class
layout, comfortably seating 76 passengers with leather seats.
  “We particularly take pride in selecting the product that would best
serve our needs. Indeed, following a very technical assessment, the EMBRAER
170 came out as the right aircraft to help launch our new subsidiary,
EgyptAir Express,” said Eng. Atef Abdul Hamid, Chairman of EgyptAir Holding
Company, who commented on the new acquisition. “We consider Embraer a true
winner, as the EMBRAER 170 perfectly responds to the new concept we are
implementing within our continuing growing market.”
  “The EMBRAER 170 will offer the highest level of comfort to our
passengers when we start our operations in April 2007. And this is exactly
what we want to achieve with EgyptAir Express: a high profile domestic and
regional airline, which will not only serve, but will exceed our customers’
expectations,” said Mohamed Hassan, Chairman of EgyptAir Express.
  The EMBRAER 170’s operations intend to serve primary and secondary
destinations and integrate them within the Egyptian domestic and regional
  “Being one of the pioneering airlines in the world, EgyptAir truly
honors us with this order. Above all, the airline’s rigorous technical and
operation evaluation to select the EMBRAER 170 makes the choice even more
satisfying for Embraer,” said Frederico Fleury Curado, Embraer Executive
Vice-President, Airline Market. “The versatility of the E-Jets evidently
proved crucial in EgyptAir’s selection of the EMBRAER 170. That is an
important validation of our strategy of providing airlines with flexibility
to match demand and allow rapid adaptation to a market that constantly
evolves. The E-Jets are new concept aircraft models designed for new
concept operations.”