Egyptair Boeing 737-800 Photo: Egyptair

MIAMI — Egypt’s flag carrier EgyptAir has ratified a deal for eight Boeing 737-800 Next Generation aircraft, previously announced at the 2016 Farnborough Airshow.

The new aircraft will be added to an existing fleet of 20 737-800s, and they will be financed by Dubai Aerospace Enterprise (DAE), with deliveries spread over the next 3 years.

“This new agreement which implies adding new 8 Boeing Next-Generation 737s to our fleet will commemorate the mutual effort gathering both Boeing and EgyptAir which dated back since 1969. The delivery of this new order will help us maintain EgyptAir’s global flight schedule and continue to deliver a consistently great performance for our customers,” said EgyptAir Chairman and CEO Safwat Musallam.

The CEO highlighted the deal will provide the carrier “the competitive edge to achieve our growth targets and help us strengthening our presence in a wider region. The new aircraft will help us in unlocking new international routes, thus providing a springboard for network expansion in the years to come.”

EgyptAir currently operates a mixed fleet of 11 Airbus A320ceo family aircraft (11 A320ceos, 4 A321ceos) and 21 Boeing 737s (20 737-800s, and 1 737-500 Classics). On the wide body side, it operates 11 Airbus A330s (7 A330-200s and 4 A330-300s) and 10 Boeing 777s (4 777-200ERs, 6 777-300ERs).