MOBILE, AL (WKRG/AP) — Airbus has acquired a majority stake in the C Series passenger jet program from Canadian plane manufacturer Bombardier, and its second final assembly line will be in Mobile, Alabama.
Mayor Sandy Stimpson tweeted out the promising economic news, saying “Mobile is open for business!”
The move comes after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Canadian company is selling the C Series planes in America below cost.
The U.S. recently announced it would impose an 80 percent duty comes on top of duties of nearly 220 percent.
Airbus Chief Executive Officer Tom said Monday night that the C Series acquisition extends the company’s product offering into a fast-growing market sector. The plane seats from 100 to 150.
Bombardier says having Airbus as a strategic partner will ensure the sustainability and growth of the C Series.
The program had been hurt by lackluster sales.
Congressman Bradley Byrne issued the following statement in response to the announcement:
“Tonight’s announcement from Airbus is a testament to the first-class workforce in Southwest Alabama and our pro-business culture. I want to share my deep appreciation with Airbus for their continued investment in Mobile and our community. This announcement is yet another step toward our region becoming a national and global hub for aviation excellence.”