On October 16, 2017 Airbus and Bombardier came to a partnership agreement on the C series aircraft program. With the combination of Airbus’ global reach and Bombardier’s state-of-the-art jet aircraft technology, the agreement will result in additional value and efficiency for all stakeholders — customers, employees, and shareholders alike.
Airbus will receive the majority stake at 50.01% in the C Series Aircraft Limited Partnership (CSALP), and will provide procurement, marketing, and customer support expertise to the accord. Bombardier’s share in the agreement places them with a stake of approximately 31%, with the remaining 19% of shares owned by Investissement Québec (IQ).
