Airbus’ majority stake in C Series partnership with Bombardier and Investissement Québec

By Airline Adviser | July 1, 2018

Courtesy Airbus

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE (EPA: AIR), Bombardier Inc. (TSX: BBD.B) and Investissement Québec came into effect on July 1, 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.

Source Airbus / Edited By Airline Adviser 07/01/18

Posted in Airbus, Airline Adviser, Bombardier