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Posted AT 4:46 PM EDT on 25/04/05

Air Canada goes with Boeing

Globe and Mail Update

ACE Aviation Holdings Inc. said it plans to modernize Air Canada's fleet with the purchase of as many as 96 new Boeing Co. airplanes. Boeing said the firm part of the order for 32 planes has a list-price value of about $6-billion (U.S.). Air Canada didn't disclose terms of the purchase or details on payment. The agreement covers 36 Boeing 777s and 60 Boeing 787 Dreamliners, a move that will help the company improve efficiency and lower costs.

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