As a result of losses, it seems Egyptair is hurting badly – to the point where they will now be entertaining leases of a 1/3 of it’s fleet – including it’s entire recently acquired 777-300ER fleet.
They will be offering around 25 aircraft with a crew compliment for leasing purposes. So if you’re an operator looking for a 777-300ER fleet to borrow on the cheap – this could be the time.
Egyptair blame the “moving situation” in the country for what they’re having to do as tourism traffic has decreased as well as it’s other connecting traffic with via CAI or through it’s Star Alliance partners.
As well as 777-300ER’s, it also has Airbus A330s, Boeing 777-200ERs, Boeing 737s, Airbus A320s and Embraer regional jets.
A sad result of what has happened. Hopefully this temporary move will allow EgyptAir to get back on it’s feet slowly.
