A $1 billion investment from the government of Quebec will give Bombardier cash to take the C Series through certification to full production, while a $3.2 billion write-down on development costs will accelerate returns from sales of the narrowbody airliner, the Montreal-based company says. The actions unveiled Oct. 29 follow confirmation in early October that talks had ended on Airbus taking a controlling stake in the C Series program. Quebec will take a 49.5% stake in a new subsidiary ...


"Bombardier Hopes Quebec Lifeline Leads To C Series Success" is part of Aviation Week & Space Technology’s subscription package. 

Subscribe now to read this full article. And by subscribing, you'll also receive full coverage of what's next in technology from the experts trusted by the global aerospace & defense community. 


Already registered? here.