Airbus Unveils New Luxury Jet To Rival Bombardier Using CSeries (A220)
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"It was bound to happen, but basically Bombardier gave Airbus a product to compete with its Global series [of business jets]," said Richard Aboulafia, vice-president of analysis at aerospace consultancy Teal Group. "Unavoidably ironic, I suppose."
Airbus took over the A220 program, previously known as the CSeries, from Bombardier in 2017 and bought out Bombardier's remaining stake this past February.
Once Bombardier's big bet to drive commercial aerospace revenue over two decades, the company ceded the CSeries after its US$6-billion development cost brought it to the brink of bankruptcy.
Airbus SE unveiled a luxury business jet version of its single-aisle A220 aircraft, using technology developed by Bombardier Inc. for a new model that will compete at the highest end of the market against Bombardier...
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