Air Canadasigned a contract with Boeing to upgrade the airline’s fleet with up to 36 Boeing 777s and 60 Boeing 787 Dreamliners. The conclusion of the order comes six months after the airline announced a widebody fleet renewal plan, subject to a number of conditions. As with the previous agreement, announced in April, the new contract with Air Canada includes firm orders for 18 777s, plus purchase rights for 18 more, in a yet-to-be-determined mix of the 777 family’s newest models: the 777-300ER, the 777-200LR Worldliner and the newly announced 777 Freighter. Air Canada ‘s new 777 deliveries will begin in 2007. The order also includes 14 new Boeing 787 Dreamliners, plus options and purchase rights for an additional 46 airplanes. Air Canada ‘s first 787 will be delivered in 2010. The firm orders in the agreement are valued at approximately $6 billion at list prices.
AAR acquires Trax to accelerate digital solutions strategy
Chicago-headquartered AAR CORP. (AAR) has announced its acquisition of Trax Corp. (trax), a leading independent provider of aircraft MRO and fleet management software to accelerate its digital solutions strategy. AAR is a global aerospace and defence aftermarket solutions company with operations in over 20 countries. It supports commercial and government customers through two operating segments: