Air Canada has finalized an order for 61 Boeing
737 MAX airplanes.
The order, valued at $6.5 billion at list
prices, consists of 33 737 MAX 8s and 28 737 MAX 9s, as well as 18
options and 30 rights to purchase additional 737 MAXs.
"Our narrowbody fleet renewal program with the 737 MAX is expected
to yield significant cost savings and is a key element of our
ongoing cost transformation program ," said Calin Rovinescu,
President and CEO of Air Canada. "Projected fuel and maintenance
cost improvements of more than 20% per seat will generate
an estimated CASM reduction of approximately 10% compared
to our existing narrowbody fleet. In addition, the 737 MAX offers
improvements to the environment, making this the best choice for
The 737 MAX incorporates the latest technology
LEAP-1B engines from CFM International with other advancements
including Advanced Technology winglets, large flight deck displays
and the Boeing Sky Interior.
Development of the 737 MAX is
on schedule with firm configuration of the airplane completed in
July 2013. The first flight is scheduled for 2016, with deliveries to
customers beginning in third quarter of 2017.
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