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Air Canada says can renew plan to buy Boeing jets

Air Canada says can renew plan to buy Boeing jets

Nov 1, 2005

MONTREAL (Reuters) - ACE Aviation Holdings Inc. unit Air Canada said on Tuesday a binding arbitration decision resolving pilot cost issues will allow it to renew a $6 billion plan to buy Boeing jets.

"With the successful resolution of this matter, we can now reengage Boeing to conclude an agreement on the acquisition of new wide-body aircraft and move forward with plans for the airline's future," Montie Brewer, Air Canada's president and chief executive said in a statement.

A disagreement with its pilots this summer over operating issues for new aircraft had forced Air Canada to cancel a $6 billion order made in April to buy 32 Boeing 777 and 787 Dreamliner jets.


FlyForLess is not affiliated with any media companies nor does it represent or work for Air Canada. This article is published with the sole purpose of making information available for those who wish to stay informed on Air Canada's actualities.

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