Last updated: November 24, 2017

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

MONTREAL/PARIS (Reuters) – Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc’s CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co.


Reuters: Business News

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