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...Airbus’s 2018 rescue of the C-Series, which it subsequently rebranded as the A220, kept jobs and production of the efficient carbon-fibre composites wing in Belfast....
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...And what will be the status of the aviation industry when we do?...
...A version of this article was first published by Nikkei Asia on October 24 2020. ©2020 Nikkei Inc....
...The disposals have left the group focused on business aviation, still employing 18,000 people and with revenues of $7bn....
...The two most recent asset sales came last month when Bombardier offloaded its remaining minority stake in the A220 passenger aircraft program, formerly the C-Series, to Europe’s Airbus for $591m....
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Ruling will allow European Champions to sign £70m-a-year shirt deal with Nike
...In 2018, Bombardier sold 50.01 per cent control of its flagship C-Series jetliner programme to Airbus in an effort to reduce debt....
...Bombardier flirted with bankruptcy in 2015 following heavy investment in its C-Series aircraft programme, in which rival Airbus has since bought a majority stake....
...Pearson anticipates a c£30m per month EBITA impact pre cost saves in Assessment plus a potential c£30m EBITA hit in US Student Assessment....
..."The aviation industry is very robust. We may see some marginal impact," Mr Walsh told reporters in Doha at a CAPA aviation summit....
...Last year it sold control of the larger C-Series aircraft to Airbus, which the European group later renamed the A220....
...Last week the company said it would begin offering helicopter trips in July in New York, taking passengers from Manhattan to John F Kennedy airport....
...The troubled C-series programme was bailed out by Airbus, which took a controlling stake in the project in 2017 for C$1. It has since been renamed the Airbus A220....
...It assembles F-15 and F-35 fighter jets. It builds rockets to deliver supplies to the International Space Station....
...But Bombardier struggled to secure orders for the C-Series and was bailed out in 2017 by Airbus, which took a controlling stake in the project for C$1 and renamed the jet the A220....
...It is a nod to the helicopter service from the old Pan Am airline building in Manhattan to John F Kennedy airport, which closed down in 1977 after a fatal accident....
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