Bombardier sells entire QSeries to Viking Air

In its quarterly earnings call this morning (Thu, Nov. 8) Canadian transport giant Bombardier announced the sale of its QSeries, including the Q100, Q200, Q300 and the Q400, to fellow Canadian manufacturer Viking Air in a deal worth $300 million. Bombardier also sold the de-Havilland trademark to Viking Air, which now owns all certificates to build and operate all de-Havilland aircraft, including the DHC-6 and the firefighting airplane CL415.

After digestimg itself from the CSeries earlier this year, Bombardier is now left with only one commercial aircraft group, its CRJ regional jets and at this moment it is unclear what Bombardier's plan is for this type. There were rumors it is also goimg to be sold to Airbus but this is just a rumor and nothing has been announced yet. Although the sale of the QSeries definitely is a sign that the manufacturer wants to completely exit the commercial aircradt market and concentrate on trains.

Bombarider has been struggeling for the past few years after several setbacks in the development of the CSeries (now A220) and has been cutting thousands of jobs ober the past years to compenstae for exploding development costs. Another jobcut has also been announced at today's press comderence, up to 5,000 jobs will be cut over the next 12 to 18 months.

News Courtesy - AVGeek