Bombardier To Sell Q400 Program to Viking Air

8 November 2018, MONTREAL (Reuters) – Bombardier Inc (BBDb.TO) is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter said late on Wednesday.

The sale is expected to be announced with Bombardier’s earnings on Thursday, the person said, asking not to be identified because of the sensitivity of the matter.

Bombardier and Viking could not immediately be reached for comment.

The sale was reported earlier by specialist aviation publication The Air Current.

It comes months after Bombardier completed the disposal of its loss-making CSeries jet program to Europe’s Airbus (AIR.PA), which renamed the aircraft A220.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.