OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air Canada announced the signing of an agreement with Boeing to buy 18 widebody 787 Dreamliner jets.

Air Canada CEO Michael Rousseau said, "The 787 is highly fuel efficient and will generate operational savings, as well as support our sustainability goals of reducing emissions."

The contract for Boeing's 787-10 jets includes an option to purchase 12 more aircraft.