EgyptAir announced the signing of a strategic sale-and-leaseback agreement with Macquarie AirFinance, one of the world's leading aircraft leasing companies, for two new Airbus A350-900 aircraft. This comes within the framework of EgyptAir's previously announced contract to purchase 16 Airbus A350-900 aircraft, with deliveries starting from 2025.
The agreement was officially signed during the Dubai Airshow 2025 by Captain Ahmed Adel, Chairman of EgyptAir Holding Company, and Eamonn Bain, CEO of Macquarie, in an important step that strengthens the strategic partnership between the two sides.
The two A350-900 aircraft are scheduled to be delivered and join the EgyptAir fleet during 2026. The deal provides a flexible and capital-efficient financing solution, a key element in supporting the company's ambitious fleet modernization program and keeping pace with the major expansion of its long-haul network.
In this context, Captain Ahmed Adel affirmed the importance of this partnership with Macquarie, which, through the sale-and-leaseback structure, is an important step in maintaining the company's fleet renewal strategy, adding that the A350-900 will play a pivotal role in supporting expansion plans by providing a high level of comfort and experience for EgyptAir passengers, as well as achieving the operational efficiency needed for sustainable growth. Thanks to this flexible financing solution, we can achieve our strategic goals while limiting capital expenditure.
For his part, Eamonn Bain, CEO of Macquarie, stated that this agreement significantly strengthens our presence in the Europe, Middle East and Africa (EMEA) region and builds on our successful relationship with EgyptAir, adding that the exceptional performance of the A350, along with its market strength, makes it a high-value asset and an excellent addition.
It is worth noting that the Airbus A350 is a wide-body aircraft and is considered one of the most advanced, efficient and liquid aircraft on the market today, making it the optimal choice to enable EgyptAir to connect Egypt with new global destinations across continents with high efficiency and strong passenger appeal.
