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On 28 April 2016, Bombardier Aerospace, a division of Bombardier Inc., recorded a firm order from Delta Air Lines for 75 CSeries CS100s plus 50 options. On 27 April 2017, The Boeing Company filed a petition for dumping them at $19.6m each, below their $33.2m production cost.
A 2002 WTO ruling [18] named some low-interest loans from the Canadian government designed to aid Bombardier in gaining market share as illegal subsidies. [19] CBC reported on one [20] of the six [18] illegal Canadian subsidies in late 2001 [20] months prior to the actual ruling. While dismissing some of Brazil's claims that Canadian aircraft ...
As Bombardier (BBDb.TO) surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus (AIR.PA), the Canadian company is now drawing ...
On 16 October 2017, Bombardier and Airbus announced a partnership on the CSeries program to expand in an estimated market of more than 6,000 new 100-150 seat aircraft over 20 years; in July 2018, Airbus acquired a 50.01% majority stake in the holding company for the program, Bombardier keeping 31% and Investissement Québec 19%.
Airbus will become the majority owner of the CSeries aircraft program on July 1. It has a brief window of opportunity to turn Bombardier's struggling flagship aircraft family into a success.
MONTREAL/BERLIN (Reuters) - Canadian planemaker Bombardier (BBDb.TO) delivered five CSeries jets in the first quarter and is making progress in tackling delays separate from previously disclosed ...