Manufacturing Industry
Air Canada leases new Boeing 777-300ER
Airline Industry Information, April 3, 2006
AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD
Air Canada has signed a ten-year lease for one new Boeing 777-300ER from International Lease Finance Corporation to accelerate its wide-body fleet renewal and modernisation programme.
The carrier said that it will take delivery of the leased aircraft in May 2007. The delivery will bring the total number of Boeing 777s entering the fleet next year to eight. Delivery of the leased aircraft will allow Air Canada to accelerate the return of a leased Airbus A340-300, originally scheduled to be returned to ILFC in mid-2009, by two years.
No financial details have been disclosed.
((Comments on this story may be sent to aii.feedback@m2.com))
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