Airbus and Bombardier agree link-up on jet programme threatened by US tariff

Airbus has acquired a majority stake in Bombardier's C Series aircraft programme, the companies have announced.

Airbus and Bombardier agree link-up on jet programme threatened by US tariff
Tue, 17 Oct, 2017 - 08:16

Airbus has acquired a majority stake in Bombardier's C Series aircraft programme, the companies have announced.

The move has been hailed as a "positive step forward" by the UK's business secretary Greg Clark and comes after the US Government proposed a 300% duty on exports of the planes to the US amid an international trade dispute.

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CourtsHeathrowPlace: UKPlace: USPlace: BelfastPlace: AtlantaPlace: CanadaPlace: ChinaPlace: Northern IrelandPlace: United StatesPerson: Greg ClarkPerson: Arlene FosterPerson: CEOPerson: Tom EndersPerson: Alain BellemarePerson: Wilbur RossPerson: Davy ThompsonOrganisation: AirbusOrganisation: BombardierOrganisation: US governmentOrganisation: DUPOrganisation: Delta AirlinesOrganisation: US Department of CommerceOrganisation: UK governmentOrganisation: UKOrganisation: BoeingOrganisation: Bombardier ShortsOrganisation: Canadian GovernmentOrganisation: UniteOrganisation: Airbus'
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