=20 ---------------------------------------------------------------------- This article was sent to you by someone who found it on SFGate. The original article can be found on SFGate.com here: http://www.sfgate.com/cgi-bin/article.cgi?file=3D/n/a/2005/11/09/financial/= f152427S89.DTL --------------------------------------------------------------------- Wednesday, November 9, 2005 (AP) ACE Aviation Strikes Deal With Boeing (11-09) 15:24 PST SEATTLE, (AP) -- Air Canada's parent company has struck a deal with Boeing Co. to buy as many as eight dozen new widebody jets, after previously canceling a similar order because of a dispute with pilots, Boeing said Wednesday. ACE Aviation Holdings Inc. said it had placed a firm order for 18 777s a= nd 14 of Boeing's new 787 Dreamliners. The Montreal-based company also said it had taken purchase rights for 18 more 777s and options and purchase rights for 46 more 787s. Boeing said that at list prices, the firm orders were worth $6 billion. Airlines, however, typically negotiate steep discounts from list prices. ACE and Boeing did not disclose the actual price for the deal. ACE said it would order a mix of 777s, including the 777-200LR, 777-300ER and 777 Freighter. The 777-200LR and 777-300ER sell for between $209 million and $253 million, while the 787 is listed at between $125 million and $135 million. ACE said it would receive its first six 777s between March and July of 2007, and is scheduled to get its first 787 in 2010. The new order comes after Air Canada was able to reach an agreement with its pilots. The company was forced to cancel its previous order in June because the pilots rejected a cost-cutting deal that would have freed up money for new planes. Air Canada emerged from bankruptcy last year. In a statement, it said the new airplanes would help the company better compete with leading worldwide carriers. -----------------------------------------------------------------= ----- Copyright 2005 AP