Bombardier to sell Q400 Turboprop aircraft program to Viking Air: source
Reuters
Published Nov 07, 2018 11:24PM ET
Bombardier to sell Q400 Turboprop aircraft program to Viking Air: source
MONTREAL (Reuters) - Bombardier Inc (TO:BBDb) 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 (PA:AIR), which renamed the aircraft A220.
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Written By: Reuters
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