11 JUNE 2018

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2018 Business Travel News Ltd.

Article from BTNews 11 JUNE 2018

Bombardier, Airbus its official

A Final Assembly Line (FAL) in the US to support customers of the C Series moved rapidly up the agenda last week as Airbus and Canadian manufacturer Bombardier announced their partnership is to become effective from 1 July, earlier than planned.

The deal, likely to be a major talking point at this year’s Farnborough from 16-22 July and under which Airbus will acquire a majority stake in the C Series Aircraft Limited Partnership (CSALP), was announced initially last October (BTN 23 October 2017).

Last week, the parties announced: “Having received all required regulatory approvals, Airbus SE, Bombardier Inc and Investissement Québec (IQ) have agreed to close the C Series transaction effective on July 1, 2018.”

A joint statement said the partnership, based in Mirabel, Québec, would benefit from Airbus’ “global reach, scale, procurement organisation and expertise” in selling, marketing and producing the C Series family.

Aimed at the 100 to 150-seat market, the single-aisle aircraft last year won a major order from Delta Air Lines, challenged by Boeing on the grounds of what it alleged were unfair subsidies and initially blocked then passed by the US government.  An FAL in the US, based in Alabama, is now expected to go ahead, dedicated to supplying US-based customers.

www.airbus.com

www.bombardier.com

www.delta.com

Index/Home page
 

OUR READERS FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.
www.btnews.co.uk