Airbus and Quebec Government Extend Partnership to 2035

Airbus and the government of Quebec, Canada, will extend their partnership until 2035.

Airbus Canada, where Airbus holds 75% and the Quebec government owns 25% of the shares, will see both parties jointly invest 1.2 billion Canadian dollars in proportion to their shareholdings. By 2026, there are plans to deliver up to 14 Airbus A220 aircraft per month.

Since Airbus acquired a majority stake in Airbus Canada in 2018, the backlog of orders for the Airbus A220 has more than doubled. The number of employees has increased by 75%, with an expansion of 1,600 new jobs in the province over the past two years. Additionally, partnerships with ten universities and small and medium-sized enterprises have been established to support research in areas such as the development of sustainable aviation fuel (SAF).

Notice
This article was generated using automatic translation by GPT-4 API.
The translation may not be accurate.