The Air Current

Bombardier is on the verge of announcing the full divestment of its Q400 turboprop program to fellow Canadian airplane manufacturer Viking Air Limited, according to two people familiar with the transaction.

UPDATE: The divestment of the Q400 program was announced by Bombardier Wednesday morning, confirming earlier reporting by The Air Current. Longview is acquiring the turboprop program for $300 million for its Viking subsidiary. The transaction is part of a continued strategic shift for Bombardier. Bombardier is also cutting 5,000 jobs and divesting its business aircraft flight and technical training activities to CAE for $800 million.

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Jon Ostrower is Editor-in-chief of The Air Current. Prior to launching TAC in June 2018, Ostrower served as Aviation Editor for CNN Worldwide, guiding the network's global coverage of the business and operations of flying. Ostrower joined CNN in 2016 following four and half years at the Wall Street Journal. Based first in Chicago and then in Washington, D.C. he covered Boeing, aviation safety and the business of global aerospace. Before that, Ostrower was editor of the award-winning FlightBlogger for Flightglobal and Flight International Magazine covering the development of the Boeing 787 Dreamliner and other new aircraft programs from 2007 to 2012. Ostrower, a Boston native, graduated from The George Washington University's School of Media and Public Affairs with a bachelor's degree in Political Communication. He is based in Seattle.

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