European group takes stake in Canadian multinational’s operations, in ‘win-win’ deal that could have impact on jobs in Belfast

European aircraft giant Airbus is buying a majority stake in Bombardier’s C Series programme.

The two aircraft manufacturers announced the partnership on Monday evening, weeks after Bombardier was hit by a 300% import levy by the United States following a complaint from rival Boeing that the company had dumped its C Series jets at “absurdly low” prices.

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