Air Canada to buy 18 Boeing 787 jets
FILE PHOTO: An Air Canada Boeing 787-8 Dreamliner airplane is pictured at Vancouver's international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms/File Photo
(Reuters) - Air Canada said on Monday it had signed an agreement with Boeing to buy 18 widebody 787 Dreamliner jets, as the carrier looks to capitalize on strong travel demand and deploy fuel-efficient airplanes.
The contract for Boeing's 787-10 jets includes an option to purchase 12 more aircraft.
"The 787 is highly fuel efficient and will generate operational savings as well as support our sustainability goals of reducing emissions," Air Canada CEO Michael Rousseau said.
Bloomberg in May first reported that the carrier was nearing a 787 Dreamliner deal with Boeing.
(Reporting by Abhinav Parmar in Bengaluru; Editing by Shinjini Ganguli)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Subaru, other Japan suppliers to team on delivery as Boeing raises output - Nikkei
- Gold rally driven by investment demand, not just Treasury move, says analyst
- Vance: US probing airstrike that Iran says hit a wedding party
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share