# Airbus acquires Bombardier's stake in A220 program

Airbus purchased Bombardier's 75% stake in the A220 commercial jet program for $591 million, with the Quebec government holding the remaining 25%. The deal includes Airbus taking over component production at Bombardier's Saint-Laurent unit and creating a new subsidiary, Stelia Aeronautique Saint Laurent.

- Type: Acquisition
- Announced: 2020-02-13
- Where: Quebec, Canada, Canada
- Value: $591.0M
- Jobs: 360
- Status: completed
- Products: A220 commercial jet, cockpit and aft section components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Government of Quebec](https://endata.com/companies/924.md) (investor)
- [Government of Quebec](https://endata.com/companies/924.md) (partner)
- [Airbus](https://endata.com/companies/1653.md) (acquirer)
- [Bombardier](https://endata.com/companies/2513.md) (target)

## Sources

- [airdatanews.com](https://www.airdatanews.com/airbus-confirms-purchase-of-bombardiers-share-in-the-a220-jet-program/), 2020-02-13: "This agreement with Bombardier and the Government of Québec demonstrates our support and commitment to the A220 and Airbus in Canada."
- [samchui.com](https://samchui.com/2020/02/14/airbus-secures-75-of-a220-program/), 2020-02-14: "This agreement with Bombardier and the Government of Québec demonstrates our support and commitment to the A220 and Airbus in Canada."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.