Mohamed Attia
DUBAI – EgyptAir, the national carrier of Egypt, announced the signing of a strategic sale-and-leaseback agreement with Macquarie AirFinance, a global aircraft leasing company, for two new Airbus A350-900 aircraft.
The agreement, signed during the second day of the Dubai Airshow 2025, is part of EgyptAir’s previously announced contract to acquire sixteen (16) A350-900 aircraft.
Pilot Ahmed Adel, Chairman and Managing Director of EgyptAir Holding Company, and Eamonn Payne, CEO of Macquarie, officially executed the deal, marking a key milestone in their strategic partnership.
The two A350-900 aircraft are scheduled to join the EgyptAir fleet in 2026.
This sale-and-leaseback arrangement offers a flexible and capital-efficient financing solution, crucial for supporting the airline’s ambitious fleet modernization program and accommodating the significant expansion of its long-haul network.
Captain Adel highlighted the importance of the deal: “The partnership with Macquarie is a crucial step in maintaining the company’s fleet renewal strategy.
The A350-900 will be pivotal in supporting our expansion plans by providing a superior level of comfort for our passengers while achieving the operational efficiency necessary for sustainable growth.
This flexible financing allows us to meet our strategic objectives while minimizing capital expenditures.”
CEO of Macquarie Mr Payne added, “This agreement significantly strengthens our presence in the Europe, Middle East, and Africa (EMEA) region and builds upon our successful relationship with EgyptAir. The A350’s exceptional performance and market strength make it a highly valuable asset and an excellent addition to our portfolio.”
The A350 is a wide-body aircraft known for its advanced technology, superior efficiency, and passenger appeal.
This makes it the ideal choice to enable EgyptAir to connect Egypt to new global destinations with high operational efficiency and enhanced passenger experience.
