Airbus and Bombardier have signed an agreement to partner on the C Series aircraft programme.
The partnership will see Airbus provide procurement, sales, marketing and customer support expertise to the C Series Aircraft Limited Partnership (CSALP), the entity that manufactures and sells C Series planes. Airbus will acquire a 50.01 per cent stake in CSALP, while Bombardier and Investissement Québec will own 31 and 19 per cent of the company, respectively.
CSALP’s headquarters and primary assembly line will remain in Québec, while Airbus will expand its industrial footprint with the Final Assembly Line in Canada and addition production of the aircraft at Airbus’s manufacturing site in Alabama.
Airbus says it expects the single-aisle market to be a key growth driver, with smaller aircraft predicted to represent 70 per cent of the global future demand.