Air Canada signs for up to 75 Bombardier planes

Alain Bellemare, left, president and Chief Executive Officer, Bombardier Inc., shakes hands with Calin Rovinescu, president and Chief Executive Officer of Air Canada, at a news conference in Montreal, Wednesday, Feb. 17, 2016. Bombardier has a deal to sell Air Canada 45 CSeries jets, with an option to buy up to 30 more. Bombardier also announced Wednesday it will eliminate 7,000 positions, or about 10 percent of its global workforce, over two years. Paul Chiasson/The Canadian Press via AP

MONTREAL, Canada—Air Canada has signed a $3.8 billion deal with Bombardier to buy 45 CS300 jets, with options to purchase another 30 planes, the companies announced Tuesday.

Deliveries of the all-new aircraft will begin in 2019.

“With the signing of Air Canada for the leading-edge  CS300 aircraft, we add a major international airline customer based in North America to complement our orders in both Europe and Asia,” Bombardier president and chief executive Alain Bellemare said in a statement.

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