In a press release, Airbus explained it will next month acquire most of the C Series Aircraft Limited Partnership (CSALP) comprised of Airbus, Bombardier and Investissement Québec (IQ). Bombardier describes its C Series as a single-aisle commercial jet aimed at the 100 to 150-seat market, built with advanced aluminum and composites and boasting 18 percent lower costs per passenger.
Airbus to Acquire Majority of Bombardier C Series Program on July 1
Key Takeaways:
- Airbus is acquiring a majority stake in the C Series Aircraft Limited Partnership (CSALP), forming a partnership with Bombardier and Investissement Québec.
- This collaboration aims to leverage Airbus's global influence and operational expertise to boost C Series production, marketing, and sales, addressing previous project risks.
- The partnership plans to unlock the C Series' market potential in the 100-150 seat segment, including establishing a second final assembly line in Mobile, Alabama, to supply American customers.
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