Dallas Boeing (NYSE: BA) today announced that CanJet, Canada's newest full-service charter airline, is the first Canadian customer for the Boeing landing gear exchange program with a service contract covering CanJet's 737-800 airplanes.

According to Boeing, participants in the landing gear exchange program receive fully overhauled and certified landing gear shipsets during scheduled gear maintenance cycles, giving customers an alternative to the capital investment of new landing gear.

"The landing gear exchange program allows our airline customers to focus on what they do best," said Dale Wilkinson, vice president of Boeing Commercial Airplanes Material Services organization. "Providing engineering and inventory support for such a high-cost asset is one way we give our customers the Boeing Edge."

CanJet's landing gear exchange will cover exchanges scheduled between 2012 and 2013.

"After careful consideration, it was a good business decision to select Boeing as our landing gear exchange service provider," said Kent Woodside, executive vice president of operations for CanJet. "The OEM knowledge, experience and support provided by Material Services, coupled with their 100 percent on-time delivery history, showed us that they care about our success."

Boeing's Commercial Aviation Services Material Services organization currently offers the service and support of the landing gear exchange program to 78 customers worldwide.

CanJet Airlines is a division of IMP Group Limited, located in Halifax, Nova Scotia. For 45 years IMP has been a world-class leader in aviation and aerospace, and was selected as one of Canada's Top 50 Best Managed Companies from 2003 to 2011 inclusive.

Source: Boeing