Posted on 09/05/08
Boeing delay hinders Air Canada expansion plans
A two-year delay in getting delivery of fuel-efficient Boeing 787 Dreamliners will crimp Air Canada's international expansion plans.The Montreal-based airline will seek compensation from Boeing Co. for the disruption to flight scheduling, Air Canada chief executive officer Montie Brewer said yesterday. He made the announcement after the carrier disclosed that, amid surging oil prices, it lost $288-million in the first quarter, including a $125-million provision related to allegations of cargo price-fixing by an array of global airlines.
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