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The union between Airbus and Bombardier entered into force on July 1, 2018. Since yesterday, the European aviation company holds 50.01% share of the program of series C which was a joint work between Bombardier and Investissement Québec, which now accounts for 34% and 16% of the shares.
Airbus can now display models CS100 and CS300 in its aircraft catalog and can offer its customers two new narrow-body aircraft between 120 and 140 seats
Discover the newest state-of-the-art airliners for the Airbus family of single-aisle aircraft ➡️ https://t.co/MV59aTYN1S #CSeries https://t.co/ SSHcevdFYy
– Airbus (@Airbus) 1 July 2018
As part of the transaction, Airbus offers Bombardier the possibility of creating a new chain of editing in Mobile, Alabama, ] in the United States, to help the one already in Mirabel, Quebec.
For this acquisition, Airbus paid a symbolic figure of one Canadian dollar. The goal, for Bombardier, is that the European company helps them to reduce production prices through negotiations with other companies that provide parties for the construction of such aircraft. than United Technologies (which owns Pratt & Whitney).
For its part, Boeing and Embraer – the biggest rivals of Airbus and Bombardier – seek to reach a similar agreement.
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