type subsidiary industry aerospace predecessor canadair founded 1989 headquarters 400 c te vertu road west dorval quebec canada h4s 1y9 area served worldwide products aircraft business aircraft revenue us 11.2 billion 2015 1 number of employees 25 550 at year end 2015 2 parent bombardier inc. divisions bombardier business aircraft website http www.bombardier.com en bombardier aerospace french bombardier a ronautique is a division of bombardier inc. the company competes with brazilian rival embraer for the title of the third largest aircraft manufacturer after boeing and airbus having delivered more than 2 450 commercial aircraft and over 3 400 business aircraft worldwide . 3 it is headquartered in dorval quebec canada . 4 contents 1 history 1.1 comac collaboration 1.2 government subsidy controversy 1.3 2015 2016 government assistance 2 aircraft 2.1 current business jets in production 2.2 former business jets in production 2.3 commercial jets 2.4 current turboprops in production 2.5 former turboprops in production 2.6 military aircraft 2.7 unmanned aerial vehicles 3 facilities 4 production 5 gallery 6 see also 7 notes 8 references 9 external links history edit this section might be slanted towards recent events . please try to keep recent events in historical perspective . august 2016 learn how and when to remove this template message main engineering building and assembly plant of bombardier aerospace at montr al pierre elliott trudeau international airport see also history of bombardier inc. after acquiring canadair in 1986 and restoring it to profitability in 1989 bombardier acquired the near bankrupt short brothers aircraft manufacturing company in belfast northern ireland . this was followed in 1990 by the acquisition of the bankrupt american company learjet a manufacturer of business jets headquartered in wichita kansas ; and finally the money losing boeing subsidiary de havilland aircraft of canada based in toronto ontario in 1992 . 5 the aerospace company now accounts for over half of bombardier inc. s revenue . in 2015 and 2016 the most popular aircraft included its dash 8 series 400 crj100 200 440 and crj700 900 1000 lines of regional airliners although the company was devoting most of its research and development budget to the newer cseries . it also manufactured the bombardier 415 amphibious water bomber in dorval and north bay ; and the global express and the challenger lines of business jets . the cseries which bombardier offers in several size versions is competing with the airbus a318 and airbus a319 ; the boeing 737 next generation 737 600 and 737 700 models ; and the embraer 195 . bombardier claims the cseries would burn 20 % less fuel per trip than these competitors 6 which would make it still about 8 % more fuel efficient than the boeing 737 max scheduled for introduction in 2017 . the launch customer for the cseries lufthansa signed a letter of intent for up to 60 aircraft and 30 options in 2008 . 7 the manufacturing complex in montreal was redeveloped by ghafari associates to incorporate lean manufacturing of its cseries aircraft . 8 in january 2012 the company began manufacturing simple structures such as flight controls for the crj series from a transitional facility near casablanca morocco its first facility in africa . on 30 september 2013 it broke ground on its permanent facility due to open late 2014 . 9 in october a joint development deal between bombardier aerospace and a government led south korean consortium was revealed to develop a 90 seater turboprop regional airliner targeting a 2019 launch date . the consortium would include korea aerospace industries and korean air lines . 10 in november 2012 the company signed the largest deal in its history with swiss business jet operator vistajet to deliver 56 global series jets for a total value of 3.1 billion . the deal included an option for bombardier to manufacture and sell an additional 86 global jets which would value the entire transaction at 7.3 billion . in april 2013 canada s porter airlines placed a conditional order for 12 cseries aircraft with options for another 18 . 11 however this was conditional on the billy bishop toronto city airport on an island just off downtown toronto allowing jets to use the facilities and on a 550 metre extension of a runway . studies underway included an environmental assessment master planning exercise and preliminary runway design . 12 in 2015 the government of canada announced that it would not approve a change to allow jets at the airport and the proposal was shelved . in january 2014 bombardier inc. cut 1 700 employees from bombardier aerospace to save costs due to a 19 percent drop in orders in 2013 . 13 in july the same year bombardier reorganized its corporate structure in response to its underperformance . president guy hachey retired and bombardier aerospace was split into three divisions business aircraft ; commercial aircraft and aerostructures ; and engineering services . as part of the corporate overhaul 1 800 jobs were cut . 14 in its 2014 year end statement bombardier aerospace reported that it had reduced the number of employees by 3 700 over the year ; delivered 290 aircraft and had orders for 282 more ; and also claimed strong long term potential . 2 on 29 october 2015 bombardier announced a us 4.9 billion third quarter loss 15 and took a 3.2 billion writedown on the cs series in the third quarter . 16 bombardier also said it would cancel its learjet 85 program taking another us 1.2 billion writedown and cancelling the 64 outstanding orders . 15 particularly because of the cseries 17 the company s debt had reached approximately 9 billion . bombardier shares fell 17.4 per cent on that day perhaps because the cseries had not recorded a single firm order since september 2014 . 15 as of 21 december 2015 the company had only 243 firm orders for the cseries but a us 2.5 billion cash infusion 1 billion from the provincial government plus a 1.5 billion investment from the caisse de d p ts et placements du qu bec was keeping the parent company adequately funded and optimistic . 18 at that time the federal government had not yet made a decision as to whether a grant would be provided but prime minister justin trudeau told the media on 11 december that he was well aware of the importance of the aerospace sector to the country s economy . 19 on 17 february 2016 bombardier announced its 2015 profits were 138 million before taking a 5.4 billion write down . 20 that same week the company also announced it would cut 7 000 jobs . 20 after a very long and expensive development process costing us 5.4 billion to date and including a us 3.2 billion writeoff the small 110 125 seat cs100 version of the cseries received initial type certification from transport canada on 18 december 2015 . 21 at the time the company had only 243 firm orders and letters of intent and commitment for another 360 with the most recent in september 2014 . 22 most of these were for the cs300 model . the first cs100 was expected to be flying by mid 2016 in lufthansa colours . 23 certification is a great thing but 2016 is going to be critical for orders analyst chris murray a managing director with alta corp told bloomberg business . 22 fred cromer president of bombardier s commercial aircraft unit hinted during a press conference on 21 december 2015 that price cuts or other incentives may be offered during negotiations in order to jump start sales list price for the cs100 was us 71.8 million and for the cs300 us 82 million . in addition to attractive prices customers are going to want support they are going to want spares they are going to want training he explained . while cromer would not offer specifics his comments about the possibility of an aggressive deal were widely published worldwide and were likely to plant the seed about discounting in the minds of potential purchasers . 22 in an attempt to boost its profit margin bombardier aerospace announced on 12 january 2016 that it would cancel deals with its third party sales agent tag aeronautics . the company also said it would cancel 24 firm and 30 optional orders for its aircraft hoping to resell these later without paying a sales agency fee . 24 marketing of the cseries was adversely affected by production delays and stiff competition in early 2016 . although delta airlines said it was seriously looking at the bombardier offerings some analysts believed that the airline might be swayed by competitors offering deep discounts . 25 and on 20 january united continental holdings inc. announced that it had ordered 40 boeing 737 700s instead . 26 air canada announced it would purchase up to 75 cs300s a larger variant of the cseries on 17 february 2016 . prior to this announcement there had been no orders for cseries aircraft since 2014 . 20 the c series program was expected to have positive cash flow after approximately 200 aircraft are delivered . 20 david tyerman an analyst with canaccord genuity commented the difficulty in winning orders illustrates market difficulties faced by bombardier and questions how profitable the next c series order they win will be for them . 27 according to bjorn fehrm of the aviation consulting firm leeham company the first 15 cseries aircraft produced in 2016 each cost bombardier 60 million to make but will sell for only 30 million . 20 air canada finally firmed up the tentative order discussed in february 2016 for cseries jets on 28 june 2016 . the order is for 45 cs300s with an option for another 30 . statements by the companies indicated that the firm sale would be worth 3.8 billion and the option would increase that to 6.3 billion if it were exercised . however these figures are based on the full list price of the aircraft . deliveries will not start until late 2019 . in the meantime negotiations were continuing with the federal government for a subsidy of 1 billion . the next day bombardier delivered the first cseries aircraft to swiss international air lines which was the first to start flying them . 28 comac collaboration edit on 24 march 2011 shanghai based commercial aircraft corporation of china comac and bombardier inc. signed a framework agreement for a long term strategic cooperation on commercial aircraft . the intention was to break the near duopoly of airbus and boeing . 29 30 aircraft covered by the programme included the bombardier crj series cseries and q series ; and the comac arj21 and comac c919 . government subsidy controversy edit main article bombardier aerospace and embraer s.a. government subsidy controversy brazil and canada engaged in an international adjudicated trade dispute over government subsidies to domestic aircraft manufacturers in the late 1990s and early 2000s . the world trade organization decided that brazil ran an illegal subsidy program proex benefiting brazilian manufacturer embraer from at least 1999 2000 ; and that canada illegally subsidized its indigenous regional airliner industry . 2015 2016 government assistance edit on 29 october 2015 the quebec government announced that it would invest us 1 billion roughly cad 1.3 billion to save the struggling cseries and protect jobs 15 in what some called a risky gambit . 31 that would give the province a 49.5 % interest in the limited partnership that will control the assets liabilities and obligations of the cseries program . 32 media reports initially suggested that bombardier had also asked ottawa for a repayable loan of 350 million 16 but it became clear that the province expected the federal government match its 1 billion loan in return for a near 50 percent stake in the cseries jets project . 33 there would be unbelievable pressure on this government to help the company ian lee