S. Africa regards BHP bid typical market activity    Egypt auctions EGP 6b zero coupon t-bonds    Sisi announces direct flights between Egypt, Bosnia    Gulf stock markets rise on strong earnings    Oil declines in early Monday trade    $1.8bn in payment orders issued for tax-free car import initiative    Main Marks Developments signs agreement with Misr Company, Retaj Hotels for MORAY project    AAIB-NBE alliance grants Roya Developments EGP 5.6bn loan    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    US to withdraw troops from Chad, Niger amid shifting alliances    Africa's youth called on to champion multilateralism    AU urges ceasefire in Western Sudan as violence threatens millions    Negativity about vaccination on Twitter increases after COVID-19 vaccines become available    US student protests confuse White House, delay assault on Rafah    Environment Ministry, Haretna Foundation sign protocol for sustainable development    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Money on air
Published in Al-Ahram Weekly on 11 - 11 - 2010

AVEX 2010 seemingly could not attract more contracts than the number it hit in 2008. Only five contracts were signed during this year's event.
Boeing manufacturers and Cairo-based Midwest Airlines announced an order for one Next- Generation 737-800. The order which was announced at AVEX was previously attributed to an unidentified customer on Boeing's Orders and Deliveries website.
Midwest Airlines, a charter operator, currently operates two leased 737-800s, with a third scheduled for delivery in early 2011. "Our decision to further expand our fleet of 737s is based on the airplane's proven efficiencies," said Magdeldin Refaat, general manager, Midwest Airlines. "The 737-800 is ideally suited to our operational requirements allowing us to connect markets in Northern Europe to Upper Egypt all year round without payload restrictions. Additionally, the 737 gives us a competitive edge in the charter market with the lowest seat-mile cost compared to similar airplanes."
Midwest Airlines passengers will enjoy the all-new 737 Boeing Sky Interior; the modern, sculpted sidewalls, windows and larger stow bins are standard with the new interior.
"There are very good reasons for the Next- Generation 737's tremendous success," said Marlin Dailey, vice president of Sales and Marketing, Boeing Commercial Airplanes. "The Next-Generation 737's ability to deliver outstanding, dependable operational and financial performance across the widest range of missions continues to build our customers' outstanding confidence in and demand for the 737."
Smart Aviation and Canada's Bombardier manufacturer signed a contract to purchase two new Turbo fan aircraft, Dash8-Q400. According to Emad Salam, vice-president of Smart Aviation, the plane which seats 74 passengers will be operated to serve domestic routes on a cheapest rates base.
"The contract also includes purchasing three more aircraft during two years at the same prices. Salam indicated that the total value of the deal stood at $42 million for the two aircraft.
EgyptAir Ground Services company signed two contracts to provide services at Egyptian airports for two airliners,.
Rolls-Royce and EgyptAir Engineering and technical maintenance signed a $350 million contract to provide Total Care services to the sister airline's fleet of A330s. According to Captain Alaa Ashour, EgyptAir chairman, the contract reflected the importance of the programme to control expenditures. "This programme provides technical support to Trent700 engines, which are the only ones designed for the A330 aircraft," Ashour commented.


Clic here to read the story from its source.