Airbus will take over majority control of Bombardier’s CSeries program on July 1, after the two parties receive all regulatory approvals and final negotiations over financial details of the transaction have been completed. Airbus will become the majority shareholder of the CSeries Aircraft Limited Partnership (CSALP), holding a stake of 50.01%. Bombardier will control 31% and Investissement Quebec (IQ) will retain 19%. CSALP was initially set up by Bombardier and ...

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