By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Airbus to finalise the deal for the Bombardier CSeries programme.
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Airbus to finalise the deal for the Bombardier CSeries programme.

Airbus to finalise the deal for the Bombardier CSeries programme.

Jake Smith
Last updated: 10 June 2018 21:28
By Jake Smith
2 Min Read
Share
SHARE
European Aircraft manufacturer Airbus will acquire a majority stake in Bombardier CSeries Programme on 1st July 2018.

As a result deal will see Airbus take a 50.1% majority share in the CSeries programme. First of all Bombardier will fund the cash shortfall up to a maximum of $225 million during the second half of 2018, up to $350 million in 2019. Yet the programme head office and primary final assembly will remain in Montreal Mirabel.

“The strength of the entire Airbus organization will be behind the CSeries. Not only will that enable this outstanding aircraft to fulfil its market potential, but we are convinced the addition of the CSeries to our overall aircraft product offering brings significant value to Airbus, our customers and shareholders,” Airbus CEO Tom Enders

Further more the deal gives Airbus two products in the 130-150 seating market. Most noteworthy the CS300 & A319neo. Further more the CS100 will extend Airbus’ products to the 100 seat market as well.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In conclusion Airbus gain 2 products with a majority share of 50.1% in a market Boeing are yet to cover.

You Might Also Like

Travel Radar’s New Weekly Digest
PLAY Airlines Makes it Easier To Check-In For Flights
Emirates returns to London Stansted
Pan Am revival in the works
Korean Air introduces Premium Class on retrofitted Boeing 777-300ER
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Jake Smith
ByJake Smith
Director of Special Projects - Jake is an experienced aviation journalist and strategic leader, regularly contributing to the commercial aviation section of Travel Radar alongside leading strategy and innovation including livestreaming and our store.
Previous Article North Korean Leader bound for Signapore
Next Article Primera Air cancels transatlantic flights following Airbus delays
Subscribe
Login
Notify of
guest

guest

0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Trainers at the new Emirates Centre of Hospitality Excellence.
Emirates Launches New Centre of Hospitality Excellence
Airlines Aviation
Delta Airlines Airbus A319-114 (N344NB)
Delta Aircraft Makes Hasty Return to Heathrow After Fumes Fill Cockpit
Aircraft Airlines Aviation
Star Alliance
Star Alliance LAX Lounge Wins Again
Airports Aviation
The Virgin Atlantic and SAS logos.
SAS Expands Codeshare Partnership with Virgin Atlantic
Airlines Aviation Route Development
Hot Air Balloon over Vilnius Old Town
Cigarette Smuggling Balloons Disrupt Vilnius Airport
Aviation Breaking News Incidents & Accidents
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up