Airbus and Bombardier confirmed the transaction transferring majority control of the CSeries program to Airbus was completed as scheduled July 1. Under terms of the agreement reached in October 2017, Airbus now owns a 50.01% stake in the CSeries Aircraft Limited Partnership (CSALP), Investissement Québec owns approximately 34% and Bombardier holds 16%. CSALP’s head office and the primary CSeries final assembly line (FAL) will remain based in Mirabel, Canada. Philippe ...

Subscribe to Access this Entire Article

"Airbus completes takeover of Bombardier CSeries program" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.