Air Canada to Refurbish 777 Fleet, Add Premium Economy
Airline Won’t Replace 25 Embraer Jets with Bombardier CSeries
Air Canada announced several changes to its fleet-renewal program Thursday as it reported a widening loss for the first quarter.
The Montreal-based airline said it would keep 25 Embraer SA jets in its fleet, instead of replacing them with new Bombardier CSeries planes. The carrier will continue to operate the 25 E190 aircraft “given their young age, productivity, and high customer acceptance on existing routes and to avoid additional capital expenditures and debt.”
The airline had considered the Cseries as a replacement for its Embraer jets following the announcement of its $6.5 billion order in December to purchase Boeing 737 Max planes.
It also said it will convert 18 Boeing 777 wide-body aircraft into “a more competitive configuration” in order to “provide customers with a consistent product to our new Boeing 787 Dreamliners.”
The airline will add a premium-economy cabin and refurbish the business-class cabins on 12 Boeing 777-300ER and six 777-200LR aircraft to “Boeing 787 state-of-the-art standards.” The reconfiguration will start later this year and be completed by the end of 2016.
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