Aircraft
C Series Partnership Progressing 'Faster Than Expected'
Airbus, Bombardier see deal closing by mid-year, name Balducci CEO of new entity
Bombardier and Airbus expect their C Series partnership to take effect by mid-year. (Photo: Bombardier)
Bombardier and Airbus expect their C Series partnership to take effect by mid-year. (Photo: Bombardier)

Airbus and Bombardier expect to consummate their planned C Series partnership “faster than expected,” and transfer a majority stake in the program to the European airframer by mid-year, according to an internal memo seen by AIN naming the entity’s new leadership team. The companies have named current Airbus Commercial Aircraft head of performance management Phillipe Balducci CEO of the new division, while current head of the A380 final assembly line in Toulouse, Florent Massou, heads the C Series program. Current C Series program head Rob Dewar becomes head of customer support and head of engineering.