June 8, 2018

Airbus, Bombardier and Investissement Québec agree C Series Partnership closing effective July 1, 2018

  • Airbus to acquire majority stake in the C Series Aircraft Limited Partnership, effective July 1, 2018
  • All regulatory approvals required for the closing of the transaction have been obtained
  • Partnership head office, leadership team and primary final assembly line located in Mirabel, Québec (representing some 2,200 employees and subcontractors), with the support of the C Series global supply chain
  • Partnership brings together two complementary product lines, with 100-150 seat market segment projected to represent 6,000 new aircraft over the next 20 years
  • Addition of Airbus’ global reach to create significant value for C Series’ customers, suppliers, employees, shareholders and communities
  • Significant C Series production efficiencies anticipated by leveraging Airbus’ production ramp-up expertise
  • Growing market for C Series to support second Final Assembly Line in Alabama, serving U.S. customers

 

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