CPE Media News (3/14/2019) – C Series Aircraft Limited Partnership (CSALP) will soon be rebranded as Airbus Canada Limited Partnership, reflecting the majority interest of Airbus SE (EPA: AIR) in the limited partnership since July 1, 2018. The organization will adopt the Airbus logo as its single visual identity.
On July 1, 2018, Airbus SAS, a wholly-owned subsidiary of Airbus, completed the acquisition of 50.01% majority stake in CSALP from Bombardier Inc. (TSX: BBD.B) and Investissement Québec which remain as minority shareholders with 34% and 16% stakes respectively.
The Airbus and Bombardier logos will continue to be displayed side-by-side on the building exteriors in Mirabel, reflecting production activities on the site for both the Airbus A220 and Bombardier CRJ aircraft families.
photo credit: Airbus
News Release
C Series Aircraft Limited Partnership (“CSALP”) to become Airbus Canada Limited Partnership
MIRABEL, QC, March 14, 2019 /CNW Telbec/ – CSALP is pleased to announce it will soon change its name to Airbus Canada Limited Partnership. The new name reflects the majority interest of Airbus in the limited partnership since July 1, 2018. The organization will adopt the Airbus logo as its single visual identity.
“The new name is the logical next step after the aircraft was rebranded as the Airbus A220 on July 10th 2018, further strengthening customer confidence in the A220 as a full member of the Airbus aircraft family. It is therefore natural that our new name better reflects our organization as part of Airbus as well as signaling our distinct heritage and cultural identity here in Canada,” said Philippe Balducchi, CEO of the entity and Airbus Head of Country, Canada.
Over the course of the coming months, the new name will be formally adopted and applied to the existing documentation, materials and branded items. The Airbus and Bombardier logos will continue to be displayed side-by-side on the building exteriors in Mirabel, reflecting production activities on the site for both the Airbus A220 and Bombardier CRJ aircraft families.
About the limited partnership
Headquartered in Mirabel, Québec, the organization is responsible for the development and manufacturing of the Airbus A220 family of single-aisle passenger aircraft. Majority owned by Airbus SE, partners include Bombardier Inc. and Investissement Québec (acting as mandatory for the government of Québec). The organization employs approximately 2,200 at its headquarters and manufacturing facilities in Mirabel. The second A220 manufacturing facility in Mobile, Alabama will start production in mid-2019.
About Airbus
Airbus is a global leader in aeronautics, space and related services. In 2018 it generated revenues of € 64 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
SOURCE Airbus
For further information: Marcella CORTELLAZZI, marcella.cortellazzi@abc.airbus, +1 514 244 8314; Annabelle DUCHESNE, annabelle.duchesne@abc.airbus, +1 438 402 4276; Justine LORD-GIBELLEAU, jlgibelleau@capital-image.com, +1 514 243 8011