Montreal, Quebec - Longview Aviation Capital will fly the De Havilland brand with the newly puchased aircraft program from Bombardier Inc.
Longview Aviation Capital Corp. announced that its subsidiary De Havilland Aircraft of Canada Ltd. will take over the Bombardier's Q Series aircraft program for about $250 million after liabilities.
The sales agreement includes De Havilland trademark and Bombardier’s full aircraft program comprising the 100, 200 and 300 series.
Last year, another Longview Aviation Capital subsidiary Viking Air had bought Bombardier's best-selling Q400 turboprop aircraft program.
Longview chairman David Curtis said the company will keep all manufacturing within the country and maintain existing supply chain that extends from China to Ireland and to Mexico.
With this takeover, Longview will employ 1200 workers from Bombardier.