Air Canada has finalized an order for 45 Bombardier CS300s, plus options for 30 additional aircraft. The letter of intent was previously announced in February.

According to Bombardier, deliveries are scheduled to begin in late 2019 and extend to 2022. The firm order is valued at approximately $3.8 billion, which would increase to $ 6.3 billion if Air Canada exercises all 30 options.

“Over the past few years, we’ve been making transformative moves to boost our competitiveness and customer satisfaction to better position us for growth and continued success.Finalizing the CS300 order is a key element to Air Canada’s strategy to build one of the world’s youngest and most fuel efficient fleets,” Air Canada president and CEO Calin Rovinescu said. “This order also will help establish a Centre of Excellence for CSeries maintenance work in Québec. Following a rigorous evaluation of its capabilities, we’re confident that the CSeries aircraft’s superior range, economics and seating capacity will provide a stellar passenger experience and contribute significantly to our development plans to expand our network and increase point-to-point service to Canadian and transborder markets.”

Bombardier Commercial Aircraft president Fred Cromer said, "Finalizing this order ensures the strong momentum we’ve achieved with the CSeries continues and further highlights the tremendous value the aircraft provides to our airline customers.”