"As you can understand, it's very sensitive.The Quebec-based plane and train maker said late Wednesday that it has sold its remaining stake in the A220 program — formerly known as the C Series — to Airbus.On Wednesday, French media reported that Alstom was preparing to finalize an offer to acquire Bombardier Transportation, which includes the business of making rail and subway cars."They have cashed out of the C series," analyst Alexander Robert Medd of Bucephalus Research said of the company on Thursday, "and now it appears the train business is up for sale. In the fiscal year ended Dec. 31, 2019, Bombardier posted revenues of $15.8 billion. By July 2016, Bombardier Aerospace set up the C Series Aircraft Limited Partnership (CSALP) with Investissement Québec. On 16 October 2017, Airbus and Bombardier announced that Airbus would acquire a 50.01% majority stake in this partnership, with Bombardier keeping 31% and Investissement Québec 19%, to expand in an estimated market of more than 6,000 new 100- to 150-seat aircraft over … Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services. But on June 1, thousands of Americans technically took to the skies on Mitsubishi aircraft without knowing it and have been doing so every day since. But June 1 wasn't the first time passengers boarded an aircraft program was developed, built, and marketed by the Bombardier only to be sold off to a competitor. The sale is the latest in a recent string of high-profile Bombardier divestments from commercial aviation that can be traced back to its sale of the CSeries program to Airbus. Bombardier shares are traded on the Toronto Stock Exchange (BBD). Bombardier names general manager of Dallas service center Financial News.co.uk 17:56 9-Jul-20 Bombardier Delivers 350th Challenger 350 Aviation International News 15:10 9-Jul-20 Bombardier Challenger 350 Aircraft Reaches Milestone 350th Delivery GlobeNewswire (Press Release) 14:49 9-Jul-20 The deal means Bombardier will no longer be required to make investments of approximately $700 million US into the program.While A220 orders have since started rolling in, Bombardier would need to inject more money into the program to ramp up production.It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges."We are looking at our options," CEO Alain Bellemare said. The Quebec government, which is not injecting any new money into the program, owns 25 per cent.Bombardier said in January that it was "reassessing its ongoing participation" in its partnership with Airbus to manufacture the A220.Quebec Premier François Legault has ruled out investing more government money in the A220 program, but Economy Minister Pierre Fitzgibbon said that he wants to protect Quebec's investment in the plane.To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities).