Feb 13, 2020 SOURCE: AFP
Bombardier exits commercial aviation with A220 sale to Airbus
Once the third largest aircraft maker, Canada's Bombardier on Thursday announced the sale of its A220 stake to Airbus and the Quebec government, effectively exiting commercial aviation after a failed expansion.
Heavily indebted, the Montreal-based company is also reportedly in talks to sell its rail division to France's Alstom, which...
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