Air Canada to add more planes to Airbus order amid rebound in air travel

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Air Canada said it’s adding 15 A220\u002D300 jets by converting options into firm orders. Read more.

The carrier said it’s adding 15 A220-300 jets by converting options into firm orders, according to a statement that confirmed an earlier report by Bloomberg News.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

The market value of the 15 additional planes is about US$528 million in 2021, based on prices provided by aircraft appraiser Avitas Inc. The A220 is a Canadian aircraft, designed and launched by Montreal-based Bombardier Inc. before being sold to its European rival.

 

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