4 months ago
By Staff The Canadian Press
Posted July 23, 2024 3:11 pm
1 min read
2:22
Air Canada unveils Airbus A220 aft agelong saga
The Quebec authorities is investing different $413 cardinal successful nan Airbus A220 commercialized pitchy program, formerly known arsenic nan C Series.
Quebec Premier François Legault made nan announcement this day astatine nan Airbus assembly tract successful Mirabel, Que.
He said Airbus is investing $1.2 cardinal successful nan program, and has guaranteed that two-thirds of nan jobs progressive successful building nan jets will stay successful Quebec.
The finance maintains Quebec’s 25-per-cent stock successful nan programme and postpones nan government’s exit from its finance by 5 years, to 2035 alternatively of 2030.
2:20
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The injection of costs follows a erstwhile authorities finance of $380 cardinal successful 2022, aft Airbus invested $1.1 billion.
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The Quebec authorities funnelled $1.3 cardinal into Bombardier’s C bid programme successful 2015, earlier it was purchased by Airbus successful 2018.
The A220 pitchy is assembled successful Mirabel and Mobile, Ala., and Airbus says it expects nan programme to beryllium profitable by 2026.
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