trending Market Intelligence /marketintelligence/en/news-insights/trending/MdG74J2qJYmTdQ_IL4rblQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Airbus to acquire 50.01% stake in Bombardier's C-Series


M&A rebound sparks optimism for near-term deal activity


Fintech Intelligence Newsletter: February 2021


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Airbus to acquire 50.01% stake in Bombardier's C-Series

Airbus Group SE said Oct. 16 that it is acquiring a 50.01% stake in Bombardier Inc.'s C-Series aircraft program.

Bombardier will own about 31%, while Investissement Québec will hold 19%.

Under the agreement, Airbus will provide procurement, sales and marketing, and customer support expertise to C Series Aircraft LP, or CSALP, the unit that manufactures and sells the C-Series jets.

None of the partners will contribute cash nor will CSALP assume any debt.

The deal is expected to be completed in the second half of 2018, subject to regulatory approvals.

It throws in Airbus amid Bombardier's trade dispute with Boeing over the C-Series jet. Based on Boeing's complaint, the U.S. government recently slapped anti-subsidy duties on sales of Bombardier's C-Series jets.