Egypt buys 9 Boeing planes in $864M deal

July 13, 2016 6:02 PM

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CAIRO – EgyptAir says it has purchased nine Boeing planes in an $864 million deal mostly financed by the United Arab Emirates.

The airline said in a statement Wednesday that Dubai Aerospace Enterprise, which is partly owned by the investment arm of the Dubai government, will finance eight of the new planes. It did not provide further details.

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