21 Facts About Bombardier Aviation

Bombardier Aviation is a division of Bombardier Inc It is headquartered in Dorval, Quebec, Canada.

At one time, Bombardier Aviation had manufacturing plants in 27 countries, employing over 70,000 workers, but has since trimmed its workforce to less than half and reduced its holdings.

On 24 March 2011, Shanghai-based Commercial Aircraft Corporation of China and Bombardier Aviation Inc signed a framework agreement for a long-term strategic cooperation on commercial aircraft.

In November 2012, Bombardier Aviation signed the largest deal in its history with Swiss business jet operator VistaJet for 56 Global series jets for a total value of $3.

On 17 February 2016, Bombardier Aviation announced its 2015 profits were $138 million before taking a $5.

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Bombardier Aviation held negotiation with Delta Air Lines, the latter placing an order in April 2016 for 75 CS100 models with an option for 50 additional aircraft.

The next day, Bombardier Aviation delivered the first CSeries jet to Swiss International Air Lines, the first operator to start flying them.

On 28 April 2016, Bombardier Aviation Aerospace recorded a firm order from Delta Air Lines for 75 CSeries CS100s plus 50 options.

Bombardier Aviation had reportedly asked Ottawa for a repayable loan of $350 million, while the province expected the federal government to match its $1 billion loan in return for a near 50 percent stake in the CSeries program.

Debts from the project had forced Bombardier Aviation to raise cash and seek aid in order to stay afloat.

Days after his swearing-in, on 10 November 2015, Prime Minister Justin Trudeau stated Bombardier Aviation must make a "strong business case" for federal aid, agreeing that the firm exemplified important high value manufacturing, but stated that such aid would be shaped by Canadians' best interests, not on "emotion, politics or symbols".

On 14 April 2016, Bombardier Aviation shares were at a six-month high over rumors that Delta had ordered CSeries jets.

In May 2016, the federal government reportedly offered a $1 billion aid package with the condition of Bombardier Aviation ending its dual-class share structure which enables the Bombardier Aviation and Beaudoin families to control it despite a minority ownership.

Bombardier Aviation announced the sale was for $300 million and expected $250 million annual savings.

Also in late 2018, Bombardier Aviation sold its business jet training program to CAE Inc for $645 million and announced 5,000 job cuts over 18 months across its 70,000 employees worldwide: 500 in Ontario, 2,500 in Quebec and 2,000 outside Canada.

On 2 May 2019, Bombardier's aerospace division was renamed Bombardier Aviation following the divestment of the CSeries and Q400 programmes.

On 25 June 2019, Bombardier Aviation agreed with Mitsubishi Heavy Industries to sell the CRJ program, a deal was expected to close in early 2020 subject to regulatory approval.

Bombardier Aviation retains the Mirabel assembly facility and produce the CRJ on behalf of Mitsubishi until the current order backlog is complete.

On 31 October 2019, Bombardier Aviation announced the sale of its aerostructures activities and aftermarket services operations in Northern Ireland and Morocco, and its aerostructures maintenance, repair and overhaul facility in Dallas, to Spirit AeroSystems.

On 3 May 2018, Bombardier Aviation announced the sale of its Toronto Downsview facility where it manufactures the Global business jet family and the Q400 regional turboprops, for $635 million, leased back for three to five years to maintain Q400 production, while leasing a 38-acre site at Toronto Pearson International Airport to open a final assembly plant for the Global business jets.

On 2 May 2019, Bombardier Aviation announced that all of its aerospace assets would be consolidated into a "single, streamlined and fully integrated business", resulting in the sale of its operations in Belfast and Morocco.