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EgyptAir Converts Boeing 777 Order To 737s

August 7, 2009 (FinancialWire) — Boeing (NYSE: BA) said that EgyptAir has converted a previous order for two 777s into an order for an additional eight Next-Generation 737-800s. The order was added last week to Boeing’s orders and deliveries web site, attributed to an unidentified customer.

The airline currently has seven 737-800s in operation and it is taking delivery of an additional five 737-800s this year. The airline currently has five 777s in its fleet and is scheduled to receive six 777-300ERs beginning next year.

EgyptAir joined the Star Alliance in July 2008. The carrier has been focused on increasing the utilization of Cairo International Airport as a regional hub for both passenger and air freight operations.

Boeing’s 777 is a twin-engine, long-haul commercial jetliner. Boeing booked 60 customers and orders for 1116 of the airplanes through the end of July 2009. The Next-Generation 737, which entered service in 1998, currently has over 5,000 orders from more than 100 customers, according to the airframer.

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