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EgyptAir's Bombardier CSeries outline deal valued at $1.1 billion
14 November 2017, 04:04 | Hattie Nash
Bombardier said on Tuesday that EgyptAir had signed a letter of intent to purchase 24 CS300 jets from the Canadian company.
"Bombardier's 20-year market outlook foresees demand for 450 airplanes in the 60- to 150-seat category for the region and this letter of intent confirms the need for right-sized aircraft in the Middle East", said Cromer.
The CS300 is the larger version of Bombardier's C Series aircraft.
It represents another shot in the arm for Bombardier, which last month signed an agreement with Airbus to take a majority stake in its aircraft programme as it faced the prospect of punishing USA tariffs. The aircraft had been plagued by delays and cost overruns, and recently was hit with potentially crushing tariffs in the USA after a trade complaint by Boeing.
R100k fine for Manana plus community service
In addition, he will also have to undergo an anger management programme and 500 hours of community service, starting Tuesday. His sentencing was handed down in courtroom one at the Randburg Magistrates' Court this afternoon by Judge Ramsamy Reddy.
Humans have been drinking wine for at least 8000 years
Stephen Batiuk, one of the lead authors of the study , concluded that this was the first evidence of winemaking among humans. The team of researchers hailed from the United States, Canada, Denmark, France, Italy, Israel, and Georgia .
Canadian National Railway Company
The stock of Canadian National Railway (USA) (NYSE:CNI) has "Outperform" rating given on Tuesday, April 26 by Cowen & Co. Shell Asset Management Co. increased its stake in Canadian National Railway by 8.4% in the second quarter.