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Bombardier Confirms Talks With Airbus

October 7, 2015 - Bombardier Aerospace the Canadian aircraft manufacturer has confirmed the company held talks with Airbus in regards to selling a stake in its family of narrow-body, twin-engine, medium-range jet airliners know as it CSeries aircraft which is currently under development.

The CSeries aircraft models consist of the CS100, that will offer 110-seats and the CS300 that will seat 135-seats. These two models would complete with the Boeing 737 and the Airbus A320.

Bombardier indicated the CSeries aircraft will begin to hit the market in 2016, which is three years after the company had originally had sated and it is expected to be over budget to the tune of £1.2bn.

Bombardier had anticipated the company would have sold 300 aircraft in preorders however, the company has been only able to sell 243. As a result, the cash strapped Bombardier had hoped it could convince Airbus to buy into a share of the CSeries aircraft.


Airbus has indicated the company is not interested. It has been reported that Bombardier is in talks with Quebec state pension fund with the hope of an investment into the CSeries aircraft program.

Bombardier has recently laid off over 800 employees and has made some management changes, there is also speculation that Bombardier may put its entire commercial aircraft division up for sale. Bombardier is a manufacturer of both planes and trains.

In a statement Bombardier stated "Following the Airbus Group’s statement indicating that the Group held talks with Bombardier regarding certain business opportunities, Bombardier confirms that such discussions occurred and are no longer being pursued. As previously mentioned, Bombardier will continue to explore initiatives such as a potential participation in industry consolidation. The Corporation will neither comment nor speculate on the potential outcomes of its commercial discussions."



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