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Bombardier to sell the Q400 program to Viking
On November 7, 2018, the Corporation entered into a definitive agreement for the sale of the Q Series aircraft program assets, including aftermarket operations, to a wholly owned subsidiary of Longview Aviation Capital Corporation, for gross proceeds of approximately $300 million (worldairlinenews.com) עוד...
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I wonder what happens to all those loan guarantees that the provincial and federal governments received from Bombardier when they got all that bailout money? Harder to meet obligations when you sell everything off except buses and rail cars?
