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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.