EgyptAir's Bombardier CSeries outline deal valued at US$1.1 billion

EgyptAir's Bombardier CSeries outline deal valued at US$1.1 billion

The Bombardier logo is seen at the Bombardier factory in Belfast, Northern Ireland September 26, 2017. Picture taken September 26, 2017. REUTERS/Clodagh Kilcoyne
DUBAI: EgyptAir's letter of intent for 12 firm Bombardier CS300s jets announced on Tuesday is valued at US$1.1 billion, according to a Bombardier statement.The value of the agreement would increase to nearly US$2.2 billion if options to acquire a further 12 CS300s are exercised, the statement said.The deal was announced at the Dubai Airshow.(Reporting by Alexander CornwellEditing by Greg Mahlich)
Source: Reuters
 Source : http://www.channelnewsasia.com/news/business/egyptair-s-bombardier-cseries-outline-deal-valued-at-us-1-1-billion-9405968