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Airbus’ majority stake in C Series comes into effect

Photo: The C Series Aircraft Limited Partnership, in which Airbus acquires a majority stake, brings together two complementary product lines in the 100-150 seat market segment that is projected to represent 6,000 new aircraft over the next 20 years. Photo Via Airbus

 

The C Series Aircraft Limited Partnership, in which Airbus acquires a majority stake, brings together two complementary product lines in the 100-150 seat market segment that is projected to represent 6,000 new aircraft over the next 20 years. Photo Via Airbus

 

 

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier Inc 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% and 16% respectively. CSALP’s head office, primary assembly line and related functions are based in Mirabel, Québec.

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