The deal, for the French aircraft manufacturer’s 160-seat A220-300 model, marks “the largest order for a Canadian-designed and produced aircraft in history,” said Prime Minister Mark Carney. In his remarks before signing the purchase agreement, Tony Fernandes, CEO of Malaysia-based discount airline AirAsia, said he is pining for the A220-500, a 185-seat version of the aircraft that the company has teased but has yet to announce. “Get a move on,” Fernandes said jokingly to Airbus commercial aircraft CEO Lars Wagner at Wednesday’s signing. (The Logic)
Talking point: AirAsia’s order is a shot in the arm for Airbus’s assembly facility in the Montreal suburb of Mirabel, which employs over 4,600 workers. The A220 began as Bombardier’s C-Series aircraft before Airbus acquired a majority stake in the program in 2018. Investissement Québec, the investment arm of the Quebec government, retains a 25 per cent interest in the A220. “God knows we are in a time where we have to diversify our export markets and strengthen our alliances beyond the United States,” Quebec Premier Christine Fréchette said of the sale.
Loading...
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseIf you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseYou have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.