Based on the list price for the CRJ900 NextGen airliner, the contract is valued at approximately $42 million US and could increase to $85 million US if the option is converted to a firm order.
Established in 1982, PAS operates helicopter and fixed wing charter and air-taxi services primarily for the petroleum industry. Surplus hours are used by tour operators within Egypt and to international destinations within the region. Its current fleet includes four de Havilland Dash 7 aircraft and five Bombardier Q300 turboprops.
Including the order from PAS, the CRJ Series family of aircraft has attracted 1,709 firm orders (including 266 orders for CRJ900 and CRJ900 NextGen aircraft), with 1,647 delivered as of July 31, 2011. CRJ Series aircraft are in service with more than 60 airlines. In addition, corporate variants of CRJ Series aircraft are in service with another 30 operators.
