December 8, 2016 / 2:31 PM / in a year

Airbus says Canada picks C295W planes for search and rescue fleet

PARIS (Reuters) - Canada has selected the Airbus (AIR.PA) C295W aircraft for its fixed-wing search and rescue program, the European company said on Thursday.

An Airbus signage is pictured at the new Airbus Asia Training Centre in Singapore April 18, 2016. REUTERS/Edgar Su/File Photo

The Royal Canadian Air Force will purchase 16 aircraft to be modified for search and rescue as well as service support, it said in a statement.

Airbus Group had competed with Leonardo (LDOF.MI) of Italy for the Canadian contract, estimated in media reports to be worth about C$3 billion ($2.3 billion).

The specially adapted tactical military transporter aircraft will be delivered starting three years after the contract is formally awarded, Airbus said.

Reporting by Tim Hepher; Editing by Sudip Kar-Gupta

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