The Canadian government will loan Bombardier Inc. $372.5 million over the next four years to help fund research and development of its new Global 7000 business jet and its CSeries line of aircraft.
The announcement was applauded by the Quebec government, which has already invested heavily in the CSeries, but also spurred criticism as an unfair government subsidy to a private corporation.
The interest-free loan to one firm is a record amount for the federal government, but far less than the US$1 billion the Montreal-based aerospace company had been requesting from Ottawa to help with its troubled CSeries line. Roughly one-third of the $372.5 million will go toward the CSeries, the rest to developing the Global 7000.
Bineinteles. Drept dovada:Ai rabdare, decizia nu este definitiva.
The 79.82 percent anti-dumping duty comes in addition to the preliminary duty of 220 percent already imposed in the first round of discussions.
Under an agreement announced Monday evening, Airbus said it will buy a 50.01 per cent interest in the C Series limited partnership and provide procurement, sales and marketing and customer support expertise to the airliner program. Bombardier's stake would be 31 per cent and Quebec will own about 19 per cent.
Pe de alta parte, dispare si grija occidentala in privinta unei aliante dintre Bombardier si Comac, dar dispar si grijile Airbus si Boeing in privinta posibilei extinderi a programului CSeries cu o varianta mai mare, din segmentul 180 pax (CS500).Airbus and Bombardier are forming a partnership that will see both manufacturers build and market the CSeries narrowbody, with plans to create a second final assembly line in the US.
The stunning announcement, made Oct. 16, will see Airbus own a 50.01% share in the CSeries Aircraft Limited Partnership (CSALP), which manufactures and sells the CSeries, while Bombardier will own 31% and Investissement Quebec will own 19%.
Airbus said it will provide procurement, sales and marketing, and customer support expertise.
Primary CSeries assembly will remain in Quebec, Canada, while a second final assembly line would be established at Airbus’ facility in Mobile, Alabama, where Airbus now produces A320s for US airline customers.
Airbus said it sees a market for more than 6,000 new aircraft in the 100-150 seat segment over the next 20 years.