Air Canada Shops for Jets as Return to Profit Is Forecast
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Air Canada is considering purchases of mid-sized jets amid growing confidence the country’s biggest carrier will be profitable next year after an anticipated fifth straight loss.
Talks are under way with Boeing Co., Airbus SAS and Bombardier Inc. for more than 100 aircraft, Chief Commercial Officer Ben Smith said in a telephone interview. A decision to buy planes may come “in the short term,” Smith said last week, sooner than the one-year timeline the airline gave on Nov. 8.