Tag Archives: Canadian aircraf

Airbus-Bombardier deal to boost Asia jet sales

Airbus

MNA Business Desk: Airbus SE’s deal for a majority stake in Bombardier Inc’s CSeries jet programme is expected to jumpstart sales of the Canadian aircraft in Asia, reported news agency. The Airbus-Bombardier deal will give the European planemaker a 50.01 percent interest in the CSeries programme, while the jet will get a better sales network. The 110-to-130 seat plane has not secured a new order in 18 months and is being threatened by a possible 300 percent duty on US imports. In Asia, Korean Air Lines Co is so far the only customer of the narrowbody jets and is slated ...

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