Boeing (BA) and EgyptAir announced that the Egyptian national airline took delivery of its first 737 MAX. The 737-8 is the first of 18 airplanes leased from SMBC Aviation Capital to be delivered and represents the first 737 MAX in Egypt. The advanced jet reduces fuel consumption and emissions by 20% while enhancing passenger comfort.
The financial details of the order were not disclosed.
EgyptAir, one of Africa's largest airlines, has operated Boeing 737 aircraft since 1975 and maintains a modern fleet including five 777s and eight 787 Dreamliners.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.