AirAsia buys 150 A220 to be built by Airbus Canada in Mirabel, Quebec
News on the Net -- Elliot Daigneault, Bio and Archives--May 8, 2026
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Carney & Frechette pull a victory lap gloating
But here is what they omitted to mention:
The A220 only exist because Bombardier built the model known as the CSeries...
- In 2015, the Québec government invested roughly US$1 billion (about CAD$1.3B) into Bombardier’s struggling CSeries jet program to prevent its collapse and protect aerospace jobs in Québec.
- The program suffered from major cost overruns, delays, weak sales, and trade disputes with Boeing in the U.S.
A HUGE FACT the media did NOT mention about today's BIG announcement
— Elliot Daigneault (@hrh_elliot)May 7, 2026
AirAsia buys 150 A220 to be built by Airbus Canada in Mirabel, Quebec
Carney & Frechette pull a victory lap gloating
But here is what they omitted to mention:
The A220 only exist because Bombardier built the…
- In 2018, Bombardier handed majority control of the CSeries program to Airbus for $1, rebranding it as the Airbus A220 (yes... $1)
- By 2021, Québec’s original investment had been officially valued at $0 in provincial financial statements
- Québec later reinjected even more money (2022 and 2024) to maintain its 25% stake in the Airbus A220 partnership
- In 2025, Québec wrote down another $400 million tied to the A220 investment, acknowledging it may not recover a large portion of taxpayer funds.
Total invested by Quebec = $1.7 BILLION
Total jobs saved... 4,600
or $369,565/Jobs
This doesn't deserve a victory lap
It deserves a funeral for the tax payers
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