Air Canada places $6.5 billion Boeing order

Posted - Dec. 11, 2013 at 3:42 p.m.



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MONTREAL (AP) - Air Canada plans to spend up to $6.5 billion to buy 61 narrow-body aircraft from Boeing as it moves to update its fleet over the next decade.

Canada's largest carrier said Wednesday it could expand the order to as many as 109 of Chicago-based Boeing's 737 MAX planes as it replaces older Airbus and some Embraer aircraft.

The order includes three sizes of Boeing 737 MAX aircraft and includes options for 18 planes and rights to purchase an addition 30 aircraft.

Deliveries of the firm order are scheduled to begin in 2017 with two planes and be completed in 2021.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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