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Airbus and Bombardier announce C Series partnership

Bombardier announced Monday it has sold a majority stake in its CSeries passenger jet business to European aerospace giant Airbus for no cost.


October 17, 2017
By The Associated Press

The move comes after lacklustre sales and after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Montreal-based company is selling the CSeries planes in the U.S. below cost and receiving government subsidies. | READ MORE