Airbus Agrees To Take Majority Stake in C Series | Aviation International News

Airbus Agrees To Take Majority Stake in C Series

While denying antidumping claims motivated the decision, companies expect U.S.-made C Series jets would not fall subject to tariffs

An early Bombardier CS300 takes off from the company's facilities in Mirabel, Quebec.

By Gregory Polek • Senior Editor

October 16, 2017

Airbus has agreed to take a majority stake in the Bombardier C Series program under the terms of a contract signed Monday. Under the deal, Airbus will take a 50.01 percent stake in the C Series Aircraft Limited Partnership (CSALP), while Bombardier and the Quebec provincial government retain 31 percent and 19 percent, respectively.

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