The Canadian Press
Bombardier Inc. has pared down repeatedly since CEO Alain Bellemare came on board in February 2015.
June 2016 Viking Air Ltd., a subsidiary of B.C.-based Longview Aviation Capital Corp., signs a deal to buy Bombardier’s amphibious aircraft program, which includes its well-known waterbombers used to fight forest fires.
October 2017 European aircraft giant Airbus SE shakes up the global airline business by buying a majority stake in Bombardier’s C Series program — later renamed the A220 — aiming to assemble the plane in the U.S. to avoid import duties.
May 2018 Bombardier unveils the sale of its 148-hectare Downsview manufacturing site to the Public Sector Pension Investment Board for about US$635 million (along with a lease agreement that sees Bombardier stay on site for up to three years after completion of the deal, plus two optional one-year extensions).
November 2018 Bombardier announces plans to sell its Q400 turboprop aircraft program to a subsidiary of B.C.-based Longview Aviation Capital Corp. for about US$300 million. Bombardier also announces the sale of its flight training business to Montreal-based flight simulator maker CAE Inc. for about US$645 million.
May 2019 Bombardier unveils a plan to sell off factories in Northern Ireland and Morocco as it continues to consolidate its commercial plane-making business.
June 2019 Bombardier announces a deal to sell its floundering CRJ regional jet program to Mitsubishi Heavy Industries Ltd. for US$550 million.
February 2020 Bombardier sells its remaining stake in the A220 jetliner program — formerly known as the C Series — marking its final exit from commercial aviation
