Air Canada said Wednesday it will purchase up to 109 of Boeing’s 737 MAX under its narrow-body fleet renewal plan, a major win for the aircraft maker and significant shift in supplier for Canada’s largest carrier.
The agreement, which includes 61 firm orders, will replace Air Canada’s existing mainline fleet of Airbus narrow-body aircraft, the carrier said, confirming an earlier Reuters report.
The deal marks a substantial competitive victory for Boeing over Airbus and a rebound on its home turf after Airbus displaced it at Mexican airline VivaAerobus earlier this year.
Boeing said once finalized, the firm order for the 61 737 MAX aircraft is expected to be worth $6.5 billion at list prices.
The deal includes commitments, options and rights on another 48 planes.