Bombardier C Series deal closes with Airbus

posted on 2nd July 2018 by Justin Burns
Bombardier C Series deal closes with Airbus

Airbus has announced that its majority stake in the C Series aircraft partnership with Bombardier and Investissement Québec has now come into effect.

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

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