Bombardier Inc. said Monday Egypt's Smart Aviation Co. has placed a firm order for two 70-80-seater Q400NG airliners worth $62 million U.S. at list price.
The airline has taken options on three more turboprops, raising the potential value of the deal to $158 million U.S.
The three-year-old Smart Aviation, based in Cairo, which runs a corporate jet charter business, is starting up a commercial airline to benefit from rising business and tourist travel in the Mid-east.
The Q400s will be used for the launch of scheduled and charter services throughout the region,
Bombardier has a firm Q400 order backlog of 91 aircraft. They are built at its Toronto plant with engines from Pratt & Whitney Canada in Longueuil.
Source: The Montreal Gazette
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