Airbus and Quebec now fully own Bombardier's A220 program | Aviation International News

Bombardier Quits Commercial Aviation as Airbus Takes Control of A220

Bombardier has sold its remaining stake in the A220 airliner program, with Airbus and the government of Quebec now having full ownership.

Nigeria's Green Africa Airways agreed to buy 50 A220s airliners just hours after Airbus completed its acquisition of the program from Bombardier. [Photo: Airbus]

By Charles Alcock • Managing Editor

February 13, 2020

Airbus and the government of Quebec now hold sole ownership of the A220 airliner program after Bombardier transferred its remaining interest in Airbus Canada Limited Partnership (Airbus Canada). The transaction, announced late on February 12, marks the completion of Bombardier’s strategic exit from the commercial aviation sector.

The Europe-based Airbus group said that it now holds a 75 percent stake in the A220 joint venture. The government of Quebec is increasing its holding to 25 percent with any cash consideration being made.

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Airbus A220

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