The Globe and Mail reports in its Wednesday edition that Quebec is pouring yet more money into a manufacturing partnership with Airbus SE on the A220 jet, previously known as the Bombardier C Series, as the European plane giant continues to grapple with supply chain disruptions and labour trouble that are hobbling its aircraft business globally. The Globe's Nicolas Van Praet writes that Premier François Legault's government will add another $300-million to its existing $1.3-billion funding in the limited partnership while Airbus commits another $900-million, the partners said during a news conference Tuesday (all figures U.S.). The money is needed to speed up the production rate of the aircraft at the Airbus factory north of Montreal in Mirabel to achieve profitability, the company said. It is the second time the province has pumped in additional funds since taking an initial $1-billion equity stake in the plane program, with the previous $300-million injection coming in early 2022. Analysts warned additional public money might be needed beyond what was announced Tuesday, but Mr. Legault and Economy Minister Pierre Fitzgibbon said they believe the current funding should be sufficient for Airbus to improve production.
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