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) next month.
- The C Series is a 100-150 seat commercial jet boasting advanced design and 18% lower passenger costs, a project that previously faced risks due to rising costs and slow sales.
- The partnership aims to leverage Airbus's global influence for production, marketing, and sales, with primary assembly in Mirabel, Québec.
- A second final assembly line will be established in Mobile, Alabama, to help meet projected significant demand for the C Series from American airline customers.
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