Wed, 29 June 2016

Air Canada Orders 45 CS300 Aircraft with Options on 30 More

Air Canada has finalized a firm purchase agreement with Bombardier for 45 CS300 aircraft and options for an additional 30 CS300 aircraft.

Deliveries are scheduled to begin in late 2019 and extend to 2022.

At list price, the firm order for 45 CS300 aircraft is valued at approximately US$ 3.8 billion. This amount would increase to US$ 6.3 billion should Air Canada exercise all 30 option aircraft.

"Over the past few years, we've been making transformative moves to boost our competitiveness and customer satisfaction to better position us for growth and continued success. Finalizing the CS300 order is a key element to Air Canada's strategy to build one of the world's youngest and most fuel efficient fleets," said Calin Rovinescu, President and Chief Executive Officer, Air Canada. "This order will also help establish a Centre of Excellence for C Series maintenance work in Qubec." 

See other recent news regarding: Canada, Quebec, Bombardier, Air Canada, CS300

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