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In 1986, Bombardier acquired Canadair for C$120 million from the Government of Canada after it recorded the largest corporate loss in Canadian history. [10] In 1989, the company acquired Short Brothers. [11] By 1990, the first product of the company, the Ski-Doo snowmobile, had become its weakest part gaging up deficits and high inventories. [3]
On 12 February 2020, Bombardier sold its share in Airbus Canada Limited Partnership, the holding company for the A220 programme, for $591 million; Airbus now has a 75% share, with the remaining 25% owned by Investissement Québec. [81] This sale marked Bombardier's "strategic exit" from the commercial aviation sector. [82]
Bombardier Transportation was a Canadian-German rolling stock and rail transport manufacturer, with headquarters in Berlin, Germany. It was one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. Bombardier Transportation had many regional offices, production and development facilities worldwide.
Bombardier Inc., was founded in 1942 as L'Auto-Neige Bombardier Limitée (Bombardier Snowmobile Limited) by Joseph-Armand Bombardier at Valcourt in the Eastern Townships, Quebec. As of October 6, 2009, BRP had about 5,500 employees; [3] its revenues in 2007 were above US$2.5 billion. BRP has manufacturing facilities in Canada, the United States ...
The Bombardier CRJ/Mitsubishi CRJ or CRJ Series (for Canadair Regional Jet) is a family of regional jets introduced in 1991 by Bombardier Aerospace.The CRJ was manufactured by Bombardier Aerospace with the manufacturing of the first CRJ generation, the CRJ100/200 starting in 1991 and the second CRJ generation, the CRJ700 series starting in 1999.
The Bombardier CRJ-700 passenger plane involved in the tragic midair crash with a U.S. Army helicopter in the midnight skies of Washington, D.C., is a workhorse of the regional jet market with a ...
Under the acquisition terms Airbus acquired Bombardier's option to buy out Investissement Québec's share from 2023, with a revised option date of 2026. Airbus also agreed to acquire A220 and A330 work package production capabilities from Bombardier in Saint-Laurent , to be taken through the Airbus subsidiary, Stelia Aerospace .
On 11 June 2012, NetJets placed the largest aircraft order in private aviation history totaling US$17.6B. The company placed a firm order for 30 Bombardier Global 5000/6000 jets, 25 Bombardier Challenger 650 jets, 75 Bombardier Challenger 350s, 25 Cessna Citation Latitudes and 50 Embraer Phenom 300s. [24]