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: < 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 With Airbus still in discussions with Bombardier and the Canadian Government over its intended acquisition of a 50.01% stake in the ailing C Series project, the French plane maker has announced its intention to squeeze supplier prices for future C Series planes. The intention is to try and make the cost of manufacture of the […]
Reading Time: 2 minutes Airbus SE and Bombardier Inc. are to become partners on the C Series aircraft programme. A corresponding agreement was signed on 16 October. The agreement brings together Airbus’ global reach and scale with Bombardier’s newest, state-of-the-art jet aircraft family, positioning both partners to fully unlock the value of the C Series platform and create significant […]
Reading Time: < 1 minute Bombardier delivered the sixth CS100 aircraft, the smaller variant game-changing C Series platform, to Swiss. Bombardier has now delivered a total of eight C Series aircraft; six CS100 to SWISS and two CS300 to airBaltic. “We are very proud to have delivered another C Series to Swiss today and to continue building on the strong […]
Reading Time: 2 minutes Bombardier Commercial Aircraft announced today the successful completion of a C Series aircraft demonstration flight carrying senior executives from about twenty Star Alliance member airlines and media representatives. The historic flight of the innovative C Series aircraft, which features state-of-the-art technologies, departed Dublin at the conclusion of the 2016 Annual General Meeting of the International […]
Reading Time: 2 minutes Bombardier Commercial Aircraft announced today that the C Series aircraft liveried in first operator Swiss International Airlines’ (SWISS) colours will make its Irish debut in Dublin, Republic of Ireland ahead of the 72nd IATA Annual General Meeting (AGM) and World Air Transport Summit. The CS100 aircraft – flight test vehicle five (FTV5) – will be […]
Reading Time: < 1 minute Canadian aviation giant Bombardier announced Wednesday it was cutting more than 10 percent of its workforce as the company undergoes major restructuring through next year. The 7,000-job reduction of the global workforce “will be partially offset by hiring in certain growth areas,” Bombardier said as it released financial results. Bombardier also announced it has signed […]
Reading Time: 3 minutes Bombardier Commercial Aircraft announced today that its all-new C Series aircraft program has begun the ramp-up to full production. The final assembly facility is fully equipped and production is progressing according to plan with aircraft in various stages of the build sequence. Additionally, Bombardier also confirmed that the CS100 aircraft that is scheduled to be […]