Bombardier (TSX: BBD.A) (TSX: BBD.B) (OTCQX: BDRBF) has confirmed the sale of its amphibious aircraft program to British Columbia-based Viking Air Limited, the company said.
The agreement covers the type certificates for all variants of the aircraft, the CL-215, the CL-215T and the Bombardier 415 aircraft as well as after-market services. The company said this divestiture positions Bombardier to better focus on core, higher growth sectors: business jets, commercial aircraft and rail transportation.
Bombardier offers a portfolio of commercial and business aircraft platforms for use as specialized aircraft. Bombardier´s CRJ Series regional jets, Q Series turboprops, as well as Learjet, Challenger and Global business jets are in service around the world with more than 45 military, government, security and corporate agencies, and the addition of the all-new C Series aircraft to Bombardier´s portfolio will increase the number of platforms and derivatives available for special mission applications to six and 14 respectively.
Bombardier is a manufacturer of both planes and trains. Bombardier is headquartered in MontrÃ©al, Canada, and posted revenues of CAD18.2 billion in 2015.