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Airbus C Series Deal Set to Close

 

Airbus is due to take majority control of the C Series on July 1, 2018. Photo: P Pigeyre/Airbus

Airbus’s acquisition of the C Series is set to close on July 1, 2018 after all regulatory approvals required for the transaction, announced in October 2007, were obtained.

Airbus will take a 50.01% in the C Series Aircraft Limited Partnership, with Bombardier and Investissement Québec holding the other shares.

Airbus said its global sales and marketing reach and “significant production efficiencies” from leveraging its production ramp-up expertise and supply chain would benefit the C Series.

The parties plan to open a second Final Assembly Line at Mobile, Alabama.

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