TORONTO, April 1 Air Canada, Canada's
largest airline, finalized its order for 61 Boeing Co 737
Max single-aisle jets, the companies said on Tuesday, completing
the first phase of the carrier's narrow-body fleet renewal plan.
The order for the 737 MAX planes, valued at $6.5 billion at
list prices, was first announced in December and is a major win
for the U.S. aircraft maker. It also marks a significant
supplier shift for the Montreal-based airline.
The deal includes commitments, options and rights on another
48 planes, as well as an agreement for Boeing to purchase up to
20 of Air Canada's fleet of 45 Embraer SA E190
It will review its options for the remaining 25 Embraer
planes and Bombardier Inc's brand new CSeries planes
could be a replacement contender for Air Canada, analysts have
Airlines rarely switch between different aircraft suppliers
due to the high costs associated with training, maintenance and
parts. Air Canada currently operates a mainline fleet of
single-aisle planes that include 41 Airbus A320, 35 A319 and 10
A321 jets, according to its website.
The 737 MAX is expected to see its maiden flight in 2016 and
be delivered to customers starting the third quarter of 2017,
(Reporting by Solarina Ho; Editing by Marguerita Choy)