FP/wire say Air Canada to reinstate Airbus A220 orders
2022-03-31 09:07 ET - In the News
The Financial Post reports in its Thursday edition that Air Canada said it is poised to recover most of its prepandemic capacity this year, issuing a bright outlook for travel as the nation relaxes restrictions and Canadians try to move on from the gloom of the COVID-19 pandemic. A Bloomberg dispatch to the Post says that the carrier expects to recover 75 per cent of the total seats offered in 2019, a 150-per-cent bump compared with 2021, according to a statement from the airline Wednesday. To prepare for the expected rise in travel demand, the carrier has reinstated all of its Airbus SE A220 orders that were cancelled in November, 2020, and said it plans to buy 26 Airbus A321neo extra-long-range aircraft. Canada's flagship airline also said it expects the cost per available seat mile -- excluding fuel expense -- to rise as much as 15 per cent in 2022 compared with 2019.