Air Canada in talks to buy over 100 Boeing jets -source

Wed Dec 11, 2013 1:47pm EST
 
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Dec 11 (Reuters) - Air Canada is in advanced talks to buy or place options for more than 100 Boeing 737 MAX aircraft, a source familiar with the matter said on Wednesday.

Boeing and European rival Airbus have been competing for a deal to renew the carrier's fleet of mainly Airbus narrowbody aircraft.

The Wall Street Journal reported the airline had selected Boeing for exclusive talks covering at least 50 jets.

The Boeing 7737 MAX competes with the Airbus A320neo and has a list price of $104 million.

Industry sources last week said the airline's board was close to agreeing to buy 60 aircraft from Airbus or Boeing.

Air Canada was not immediately available for comment. Boeing declined comment.