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https://www.nytimes.com/reuters/2018/11 ... g-air.html
Announcement should be today Thursday the 8th of November 2018...
EDIT: it is official, now...
https://www.bombardier.com/en/media/new ... ss-release
https://www.flightglobal.com/news/artic ... me-453463/Focusing the Portfolio, Divesting Non-Core Assets
Bombardier also announced today the sale of a number of non-core assets,
in line with its strategy of focusing on growth opportunities in its Transportation,
Business Aircraft and Aerostructures segments.
The Company entered into definitive agreements for
(i) the sale of the Q Series aircraft program and de Havilland trademark
to a wholly owned subsidiary of Longview Aviation Capital Corp. for approximately $300 million;
and
(ii) the sale of Business Aircraft’s flight and technical training activities to CAE
and the monetization of royalties for approximately $800 million.
Both transactions are expected to close by the second half of 2019,
following the usual regulatory approvals.
Net proceeds from the transactions are expected to be approximately $900 million
after the assumption of certain liabilities, fees, and closing adjustments.
08 November, 2018
Bombardier has disclosed that it is selling its Dash 8 turboprop programme
to a subsidiary of Longview Aviation Capital Corporation for $300 million.
Longview is a holding company which includes
Viking Air, the manufacturer of the revived DHC-6 Twin Otter programme.
Bombardier says the sale includes the Q400 programme,
as well as all assets and intellectual property for other Dash 8 models
– comprising the -100, -200 and -300.
Having already sold the CSeries twinjet programme to a partnership controlled by Airbus,
Bombardier has been left with
the CRJ regional jet as its primary commercial air transport product.
Bombardier says it will give its “full attention” to the CRJ programme.