Air Canada Doesn't Need New Bombardier Jet
''If they (Bombardier) design it the way they plan on designing it and they can make their cost targets, I think they'll have an airplane that will be well-received by the marketplace,'' said Air Canada CEO.</
Air Canada, a subsidiary of parent company ACE Aviation Inc. (TSX:ACE.B) has become a publicly traded company again after emerging from bankruptcy protection in 2004.
The Montreal-based airline is competing with both low-cost and legacy carriers.
Air Canada A shares closed at $18.15, down 15 cents on the Toronto Stock Exchange, while Bombardier shares slipped two cents to $4.75.
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