|
Air Canada today announced that Airbus
A319 aircraft will replace the Boeing 737-200 fleet operated by its low cost
subsidiary, ZIP, consistent with its restructuring plan to streamline operations by eliminating older, less efficient
fleets. Starting in July 2004, ZIP will begin operating Airbus A319 aircraft
transferred from the Air Canada fleet as well as their current fleet of 12 Boeing
737-200s. By the end of 2004, ZIP will operate 20 A319s, concurrent with the
retirement of all Boeing 737-200s.
"This is a further step in restructuring Air Canada to become a more
competitive airline by rationalizing the fleet to achieve increased cost
efficiencies through the retirement of older, less efficient aircraft," said
Robert Milton, President and Chief Executive Officer. "As part of the restructuring business plan to offer more
value-oriented services throughout North America, ZIP is growing to its full fleet
plan of 20 aircraft, and is well positioned for strategic growth opportunities in the
expanding low fare marketplace."
Information on markets to be served by ZIP
is yet to be announced. |
