BETTER TIMES. Bombardier's C Series plane is shown in Mirabel, Quebec, as it is due to take off for the first time on September 16, 2013. File photo by Clement Sabourin/AFP
Thursday's transaction increases Airbus' share in the A220 to 75%, while the Quebec government – which helped to fund its development – retains a 25% stake . Quebec said it now plans to sell its stake to Airbus in 2026, 3 years later than scheduled. The company, controlled by heirs of its founder and inventor of the snowmobile in the 1940s, was looking to build on the success of its regional aircraft program in the 1990s.
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