×

Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Airbus, Bombardier Airliner Deal Now Operational

: Jul 3, 2018 - : 1:55 am

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier Inc. and Investissement Québec came into effect on July 1, 2018.

 

Airbus now owns a 50.01 per cent majority stake in C Series Aircraft Limited Partnership, while Bombardier and Investissement Québec own approximately 34 per cent and 16 per cent respectively. CSALP’s head office, primary assembly line and related functions are based in Mirabel, Québec.

 

The partnership between Airbus and Bombardier regarding the C-Series was announced in October 2017. As part of the deal, CSALP’s head office, primary assembly facility and related activities will stay in Mirabel.

 

Airbus is establishing an additional C Series production line at its already existing assembly plant in the US state of Alabama.

 

Bombardier Aerospace retains full control over its other manufacturing and associated operations. These include executive aircraft (Bombardier Business Jets, with the Learjet, Challenger and Global brands), smaller regional jet and turboprop airliners (Bombardier Commercial Aircraft with the CRJ jet family and the Q400 turboprop), aerostructures, system components (electrical harnesses, tubing and ducting), and engineering services; and the conversion of its executive or regional airliner airframes into special mission aircraft for public safety and national defence roles.

MORE NEWS

Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2024. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us