Thursday, December 12, 2013

Air Canada goes to Boeing

Air Canada will buy up to 109 of Boeing Co's 737 MAX under its narrow-body fleet renewal plan, a major win for the aircraft maker and significant shift in supplier for Canada's largest carrier. The agreement, which includes 61 firm orders valued at $6.5 billion, will replace Air Canada's existing mainline fleet of Airbus narrow-body aircraft, the carrier said. The deal marks a substantial competitive victory for Boeing over Airbus and a rebound on its home turf after Airbus displaced it at low-cost Mexican airline VivaAerobus in a fierce contest earlier this year. (Source: Reuters, 12/11/13) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.