Airbus and the Government of Québec completed the acquisition of a 33.5% stake of A220 Programme from Bombardier.

Airbus, a global company in aeronautics, space and related services, and the Government of Québec completed their acquisition of a 33.5% stake of A220 Programme from Bombardier, a global company in the transportation industry, creating innovative and game-changing planes and trains, for $648m. "This agreement with Bombardier and the Government of Québec demonstrates our support and commitment to the A220 and Airbus in Canada. Furthermore it extends our trustful partnership with the Government of Québec. This is good news for our customers and employees as well as for the Québec and Canadian aerospace industry. I would like to sincerely thank Bombardier for the strong collaboration during our partnership. We are committed to this fantastic aircraft programme and we are aligned with the Government of Québec in our ambition to bring long-term visibility to the Québec and Canadian aerospace industry,” Guillaume Faury, Airbus Chief Executive Officer.