MONTREAL, CANADA — Air Canada is reportedly nearing a deal for up to 20 Boeing 787 Dreamliners, as it seeks to renew and expand its long-haul fleet. This information comes from sources familiar with the matter, hinting at a resurgence in demand for large commercial jets.

The Canadian flag carrier is close to agreeing on an order of between 15 and 20 twin-aisle aircraft, the sources disclosed, requesting anonymity due to the confidential nature of the talks. The 787 model, primarily used by Air Canada, has a list price of just below $300 million, implying a deal value of up to $6 billion before customary industry discounts.

"We have not made any decisions," Air Canada's spokesperson, Peter Fitzpatrick, stated in an email. A representative from Boeing declined to comment.

During a conference call with analysts on Friday, Amos Kazzaz, Air Canada's Chief Financial Officer, stated that the airline is "continually seeking lift capacity" as demand begins to increase.

The airline currently operates 38 787s, including 30 of the larger 787-9 variant, as per Air Canada's website.

Joining other airlines securing delivery positions for the latest generation of wide-body jets, Air Canada anticipates a rebound in long-distance flying, following the extended downturn brought about by the COVID-19 pandemic. In December, United Airlines Holdings Inc. announced an order for 100 Dreamliners, along with an equal number of options. Recent clients include Saudi Arabia, which is launching a new airline, and Air India, which chose both Boeing and Airbus wide-bodies as part of its colossal 470-aircraft deal in February.

Large aircraft orders are expected to be a key feature at next month's Paris Air Show, the industry's largest convention.