Air Canada finalizes $1.6bn LEAP-1B engine order

Canadian flag carrier Air Canada has finalized its order for 122 LEAP-1B engines to power 61 Boeing 737 MAX airplanes. The value of the firm engine order is $1.6bn at list price. The airline, which has been a CFM operator since 1990 and currently operates a fleet of 89 CFM56-powered aircraft, also has options and rights to purchase for an additional 96 LEAP-1B engines. The LEAP-1B is the sole powerplant for the Boeing 737 MAX scheduled to go into production in 2017.