MONTREAL (Reuters) – Air Canada said on Wednesday it will launch a direct Seattle-Montreal service next spring with its new A220-300 jets, as the carrier eyes new routes to grow its share of lucrative international transit traffic to and from the United States.
Airbus SE’s smallest commercial jet, expected to enter Air Canada’s fleet in December with its first delivery, will help the carrier open new routes and increase capacity to cities which lack enough traffic to warrant a larger plane, the company said.
Economics - Aircraft - Air - Canada - Routes
“The economics that come with this aircraft allow Air Canada to open new routes that you couldn’t serve profitably,” said Mark Galardo, vice president of network planning, in an interview.
Air Canada will use the fuel efficient 130-seat jet, developed by Bombardier Inc , to help attract U.S. passengers flying through its Canadian hubs, he said.
Canada - Carrier - February - Market - Share
Canada’s largest carrier said in February it aimed to grow its market share of U.S. international transit traffic to 2% from a current estimated 1.3%, although it had not set a target date. Hitting the target would generate an additional C$675 million ($510.36 million) in annual revenue, Air Canada said during an investor day presentation.
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