After just over three decades, Bombardier’s commercial aircraft business is approaching its end. Once the number three airliner producer on the planet, the Canadian company’s market exit is now nearly complete.
Longview Aviation Capital confirmed Thursday it would pay $300 million for the Q400 turboprop program and the de Havilland brand. The divestment means two of the three of Bombardier’s commercial aircraft pillars will live on with other manufacturers, leaving the company’s aviation future centered around medium and large business aircraft.
A commercial aircraft company born through acquisitions is now ending its life by divestments.
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