Air Canada waits for Boeing 777 delivery schedule

Washington DC
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Air Canada should receive an updated delivery schedule for its Boeing 777-300ER aircraft in coming weeks.

Star alliance member Air Canada expected to take delivery of two new aircraft during the fourth quarter, but the Boeing strike pushed their arrival until early next year, airline CFO Michael Rousseau said during an earnings call with investors today.

Following the end of the strike, the airframer has indicated it will soon give the airline a delivery time line, he says.

As Air Canada prepares to reduce capacity between 7% and 9% during the fist quarter of 2009, the carrier has been marketing seven aircraft. Potentially outgoing aircraft include Airbus A340-300s, A319-100s and Boeing 767-300s. Flight's ACAS database shows Air Canada's fleet includes two A340-300s, 37 A319-100s and 30 767-300s.

The carrier is in discussions regarding the sublease of six aircraft, says Rousseau, who notes Air Canada would also consider selling aircraft.

In the meantime, the airline continues cabin upgrades to its existing fleet. New seats with on-demand video have been installed on 93% of aircraft, including 82% of the international fleet, president and CEO Montie Brewer says.