Transportation

Airbus Wins Major Air Canada Order for A350 Widebody Jets

An Airbus A350-1000.

Photographer: Stephane Mouchmouche/AFP/Getty Images

Air Canada will acquire eight Airbus SE A350-1000 models, with options to double the order, as the carrier seeks to modernize its fleet.

The purchase agreement, if all rights are exercised, would be valued at about $3 billion, based on current aircraft values from analytics firm Ishka Ltd. A first delivery is expected in the second half of 2030, Air Canada said.