Air Canada News

Rebel · Post by **Rebel** » Sun Dec 17, 2006 3:38 pm

Air Canada said new aircraft entering its fleet will continue to drive operating costs down.
Costs were down across the board in the first nine months of 2006, Executive VP and CFO Joshua Koshy said yesterday in New York at the Calyon Securities Airline Conference, which was available via webcast.

Koshy noted that AC will begin taking delivery of 18 777s on firm order next year. "The 777 is 26% cheaper on a CASM basis than the A340-500s" the new planes will be replacing, he said. He added that E-190s, of which it has ordered 45, have "18% cheaper costs per trip" than the A319s those jets are replacing. In addition, 14 787s on firm order to begin delivering in 2010 are 30% less costly to operate than the 767-300s they will replace.(Source ATW)

Spruce Moose · Post by **Spruce Moose** » Sun Dec 17, 2006 4:00 pm

How many 319's are they getting rid of? I thought the E-jets were replacing the DC-9.

popo · Post by **popo** » Sun Dec 17, 2006 5:29 pm

Good, are we getting a pay raise?

yycflyguy · Post by **yycflyguy** » Sun Dec 17, 2006 6:54 pm

Umm, you already got it... another 1.75% next July. Don't blow it on hookers.

grammar boy · Post by **grammar boy** » Mon Dec 18, 2006 12:30 am

http://youtube.com/watch?v=zgSKH3UZ1Uk

EI-EIO · Post by **EI-EIO** » Tue Dec 19, 2006 6:55 am

The E-190 is a bit of a capacity reduction though isn't it?

yycflyguy · Post by **yycflyguy** » Tue Dec 19, 2006 2:24 pm

The plan is to still receive 2 EMJ 190's a month for the next 12 months. A slight reduction on the A320's and B767 to make way for the EMJ expansion and 777 deliveries that start in March.