Air Canada today announced the next phase of its fleet modernization program with the addition of the Airbus A350-1000 widebody aircraft. The airline will welcome eight aircraft to its fleet, and has rights to purchase eight other A350-1000s, with deliveries scheduled to begin in the second half of 2030.
“Air Canada’s acquisition of the Airbus A350-1000 will further solidify our position as a leading global airline through the next decade. This state-of-the-art aircraft adds a new dimension to Air Canada’s long-haul capabilities, with impressive range, enhanced payload, and proven economics that unlock new possibilities for long-haul flying for our customers,” said Mark Galardo, Executive Vice President and Chief Commercial Officer, and President of Cargo at Air Canada. “These highly capable aircraft complement our existing fleet by providing flexibility in support of a growing, resilient, and diversified future network. The Airbus A350-1000 will play a central role in defining Air Canada’s next era, connecting our customers, our hubs, and our country to the world.”
“The addition of the Airbus A350-1000 to our fleet is a forward-looking investment that strengthens Air Canada’s long-term cost efficiency,” said John Di Bert, Executive Vice President & Chief Financial Officer, Air Canada. “These aircraft will deliver improved operating economics, enhance our operational reliability, and ensure we remain competitive across our global network. The aircraft’s lighter materials and advanced engines deliver meaningful fuel-burn improvements versus the aircraft they replace, supporting our financial and environmental objectives. This order is another step in the modernization of our fleet and is aligned with our capital allocation priorities and our target to maintain capital investments at or below 12 per cent of revenues.”
