December 8, 2016 / 2:31 PM / 8 months ago

Airbus says Canada picks C295W planes for search and rescue fleet

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

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.

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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