Since its inception more than a decade ago, the aircraft has been beset by a series of development delays and slow sales. This development comes sooner than previously anticipated and likely bodes well for the Canadian plane's sales future, in advance of the Farnborough Air Show in July. Bombardier and Airbus each announced Friday morning the closing of the acquisition of the C Series program by Airbus.
16, 2017, 08:27 PM Oct 16 (Reuters) - Airbus Se: Airbus says co, Bombardier are to. The Bombardier C Series is now officially owned by Airbus. The decision to enter the market with the C Series was a major financial gamble for Bombardier, with a program price tag of $5.5 billion. BRIEF-Airbus and Bombardier to become partners on the C series aircraft programme (BBD.) Reuters Oct. CSeries aircraft Bombardier is creating the future with its CSeries aircraft the only 100 per cent new family of airliners specifically designed for the 100- to 149-seat, single-aisle market. Shortly after the deal's announcement, Bombardier flew one of its C Series demonstrators down to Delta's Atlanta headquarters for journalists and the airline's staff to get a closer look.Īlthough Bombardier has been a global leader in business and regional jets, the C Series is the first product from the Canadian airplane to compete against Boeing and Airbus in the mainline market. The CSeries aircraft’s entry-into-service remains on track for the second half of 2015. In April 2016, Bombardier Aerospace and Delta Air Lines announced a mega order for 75 of the company's C Series airliners in a deal worth up to $5.6 billion. In addition, the new Bombardier jet will allow Delta to operate mainline service in markets that traditionally were serviced by smaller regional jets. Bombardier has been involved in a few government subsidy controversies. With the C-Series, Delta has a long-range, ultra-fuel efficient, 100-seat jet capable of making money in markets where competition has depressed profits. New York, Los Angeles, and Dallas are not only three of the most highly competitive markets in the country, they are also home to American Airlines and Southwest Airlines, which are two of Delta's most important rivals. However, the importance of these base locations cannot be overstated. Account icon An icon in the shape of a person's head and shoulders.
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