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The name Bombardier Inc. will no longer be featured on its C Series jet, which was officially renamed A220 by the time it joined the Airbus commercial aircraft family.
The name change comes after Airbus officially took a majority stake in the Series C program early this month
READ MORE: Bombardier will not get any financial cutoff despite early closings of the C series
What was the CS100 will be the A220-100, while the larger CS300 will be the A220-300. The new name aligns on the popular A320neo Airbus
The change was announced Tuesday at Airbus headquarters in Toulouse, France
"We are delighted to welcome the A220 in the Airbus family and are honored to see him wearing William Faury, president of Airbus, said in a press release: "I pay tribute to all the women and men of Bombardier and the supply chain who have fought in recent years. "
He stated that the plane from 100 to 150 seats enters a new phase supported by the vast resources of Airbus.
JetBlue became the first company to announce a purchase contract for the aircraft. According to the new name, on Tuesday he ordered 60 Airbus A220-300 aircraft for delivery in 2020 with the option of 60 additional aircraft from 2025.
READ MORE: The Executive Bombardier apologizes at the meeting of TTC board of fault y trams
The company, which already has supply deals with Airbus, said the A220-300 range and l & rsquo; Economy were key reasons for his choice of plane.
The newly designed aircraft technology that translates to Eric Schulz, Airbus' commercial director, said: "All of these reasons contribute to my optimism that Airbus will support to make the # 39; A220 an excellent commercial solution. "
Bombardier said in a statement that it fully supported the brand change.
" This is a clear sign for the Airbus market. put all its weight behind the program, which should accelerate sales and reduce costs. "
READ MORE: Bombardier confirms Russian offices visited by customs officers after raid reports by police ]
The name change is perfectly logical, says Karl Moore, professor at the Desautels Faculty of Management at McGill University
"That seems to me quite right. You mean to the world that it's now an Airbus product and we're renaming it to indicate that it's now part of our family, "he said in an interview.
Despite the loss Bombardier's name in the plane, the company still earning profits as a minority owner. "Moore says that most people realize that to be fully viable, Airbus is the right owner
" Its future would have been cloudier if it was only Bombardier. "
Under the agreement between Airbus and Bombardier Airbus also plans to start producing the aircraft for the US market in a new plant in Mobile, Ala., 2019, with deliveries coming a year later.
READ MORE: Most of Toronto's new Bombardier-built streetcars must be returned for repair
The C Seri Partnership between Airbus, Bombardier and the Government of Quebec is credited by industry observers, prompting Boeing and Embraer to announce
Airbus Chief Executive Officer, Tom Enders, alluded to at a meeting with Bombardier employees last week announcing that aircraft orders would be announced at the upcoming London show
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