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Airbus deal with Bombardier Inc will resolve Boeing trade row: Analysts

The deal with Airbus means CSeries jets can be built at Airbus' Alabama assembly plant


Bombardier Inc's deal with Airbus SE solves a number of problems for the Canadian plane-and-train maker, mostly by making Boeing Co's complaints against the company effectively moot, analysts said on Tuesday. Montreal-based Bombardier said late on Monday it would sell a majority stake in its CSeries jetliner program to Airbus as it searches for a way to avoid punitive U.S. tariffs threatened by a trade dispute with Boeing. The CSeries jetliners have not secured a new order in 18 months and face a possible 300 percent duty on U.S. imports, after Boeing accused Canada of ...

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First Published: Tue, October 17 2017. 19:13 IST