Airbus' majority stake in Bombardier C Series partnership comes into effect

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier Inc. and Investissement Quebec came into effect on July 1, 2018.

Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership, while Bombardier and Investissement Quebec own approximately 34% and 16% respectively. CSALP's head office, primary assembly line and related functions are based in Mirabel, Quebec.