Airbus Executive VP Says Right Time for Bombardier Deal

The transcript discusses a deal between Airbus and Bombardier, focusing on the timing and context of the agreement. It highlights the financial aspects, including the cash-free, debt-free nature of the deal and the investment commitments from both parties. The future control and ownership structure is also detailed, with Airbus gradually increasing its stake over time.

What was one of the reasons for the timing of the Airbus and Bombardier deal?

• Bombardier was facing bankruptcy.

• The market for aircraft was declining.

• Airbus had excess cash to invest.

• The aircraft had been certified and received positive feedback.

What is the nature of the financial deal between Airbus and Bombardier?

• Bombardier will not invest any further.

• Airbus will cover all future costs.

• It is a cash-free, debt-free deal at closing.

• Airbus will inject significant cash immediately.

How much is Bombardier expected to invest annually in the first two years after closing?

• 500 million

• 200 million

• 100 million

• 350 million

What is the initial ownership percentage of Airbus in the joint venture?

• 100%

• 30%

• 70%

• 50.01%

What is the ultimate ownership goal for Airbus in the joint venture?

• 90%

• 70%

• 50%

• 100%