trending Market Intelligence /marketintelligence/en/news-insights/trending/MdG74J2qJYmTdQ_IL4rblQ2 content esgSubNav
In This List

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

Blog

Building Competitive Advantage and Avoiding Pitfalls with Credit Risk Automation

Blog

Banking Essentials Newsletter: 22nd March Edition

Blog

Insight Weekly: SVB fallout limited; US rents up; renewable natural gas investments flow in

Blog

Asia-Pacific M&A By the Numbers: Q4 2022


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.