The European aircraft manufacturer Airbus takes control of the CSeries medium-haul aircraft program of Canadian Bombardier. By this operation Airbus puts 50.01% of the flagship program of the family business in Quebec. A “win-win” operation Airbus shares took 4% on the Paris Stock Exchange.<\/p>\n\n\n\n
The company that built the medium-haul jet was created in 2016 by Bombardier and the Government of Quebec to save the bankruptcy program. Ultimately, Airbus will take the majority stake in this company alongside family shareholders (31%) and Quebec authorities (19%). Indeed, under pressure from Boeing, the Trump administration, on the pretext of this subsidy, had overwhelmed the CSeries with an exceptional tax of 300%. A sort of death sentence for a program that has accumulated only 350 orders, but $ 450 million in losses in 2016. Yet the Quebec builder had spared no effort to try to sell his new plane. According to some analysts, the discounts could reach 75% for a device billed about $ 70 million at the list price.<\/p>\n\n\n\n
Indeed, this program of medium-haul aircraft perfectly complements the range of Airbus. The CSeries is a 100 to 150-seat airplane of the latest generation, launched in 2013. It is located at the very beginning of the range of Airbus single-aisle aircraft, with 150 to 240 seats. It replaces an aging A319. Once integrated into the industrial aircraft of the European aircraft manufacturer, the CSeries should prove its full commercial potential.<\/p>\n\n\n\n
Aircraft are expected to require more than 6,000 aircraft with 100 to 150 seats within 20 years. More importantly, the entry of the CSeries into the bosom of Airbus reinforces the dominance of the European aircraft manufacturer in the medium-haul segment. Airbus already holds more than 60% of a market estimated at more than 25,000 aircraft by 2037.<\/p>\n","protected":false},"excerpt":{"rendered":"
The European aircraft manufacturer Airbus takes control of the CSeries medium-haul aircraft program of Canadian Bombardier. By this operation Airbus puts 50.01% of the flagship program of the family business in Quebec. A “win-win” operation Airbus shares took 4% on the Paris Stock Exchange. The company that built the medium-haul jet was created in 2016…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-745","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n