Reading Time: < 1 minute 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% […]
Reading Time: 2 minutes Russian airline Red Wings, which is due to be the launch operator of the new Bombardier CS300 jet in the region, is to start taking delivery of them in May 2019, the airline’s general director Evgeny Klyucharev has revealed to a media gathering. The airline, owned by lessor Ilyushin Finance Co (IFC), first revealed its […]
Reading Time: < 1 minute Bombardier Commercial Aircraft announced today that Delta Air Lines, Inc. of Atlanta, Georgia (Delta Air Lines) has signed a firm purchase agreement for 20 CRJ900 aircraft – becoming the launch operator of the new ATMOSPHÈRE cabin for CRJ Series regional jets. Based on the list price for the CRJ900 aircraft, the firm order is valued […]
Reading Time: < 1 minute Having received all required regulatory approvals, Airbus SE, Bombardier and Investissement Québec (IQ) have agreed to close the C Series transaction effective on July 1, 2018. The transaction by which Airbus will acquire a majority stake in the C Series Aircraft Limited Partnership (CSALP) was initially announced in October 2017. The Mirabel-based partnership, which was […]
Reading Time: < 1 minute Bombardier, the plane and train manufacturer has chosen the European Business Aviation Convention and Exhibition (EBACE2018), in Geneva, Switzerland to unveil two longer-range variants of its successful Global business jets. David Coleal, President, Bombardier Business Aircraft commented that: “Bombardier’s two newest Global aircraft are the result of our unrelenting commitment to innovation, excellence and most […]
Reading Time: 2 minutes Bombardier Commercial Aircraft and Air Baltic Corporation AS (airBaltic) announced that the parties have executed a firm purchase agreement for the sale and purchase of 30 CS300 aircraft with options and purchase rights for an additional 30 aircraft of the same type. Based on the list price of the CS300 aircraft, the firm order is […]
Reading Time: 2 minutes At the African Aviation Finance conference in Johannesburg, South Africa, Bombardier Commercial Aircraft reflected on the development of the African Regional Aircraft market, stating that it was seeing a surge in demand in Africa for pre-owned aircraft. “As we seek to increase our market share on the continent, we have successfully placed a significant number […]
Reading Time: < 1 minute Bombardier Commercial Aircraft announced that it has signed a firm order for 15 new CRJ900 regional jets with American Airlines, Inc. (“American”). The purchase agreement also includes options on an additional 15 CRJ900 aircraft. Based on the list price of the CRJ900 aircraft, the firm order is valued at approximately US$ 719 million. Upon delivery, […]
Reading Time: < 1 minute Bombardier Commercial Aircraft announced today that it has concluded a firm order for 10 new Q400 aircraft with Ethiopian Airlines. The order also includes purchase rights for five additional Q400 aircraft. Based on the list price of the Q400 aircraft, the firm order is valued at approximately $332 million U.S. “The Bombardier turboprops continue to […]
Reading Time: < 1 minute By the end of May 2018, Airbus SE is expected to acquire the majority of stake in Bombardier’s CSeries programme, Reuters report depending on the information provided by people familiar with the plan. In case the deal will be closed in May, the companies will go ahead an initial timetable. Airbus agreed to buy a […]