Aviation
Airbus in Talks to Buy Out Bombardier Stake in A220 Program

Airbus SE is in talks to buy out Bombardier Inc.’s stake in the A220 jetliner program, according to people familiar with the matter.
The negotiations between the companies are at an advanced stage, said the people, who asked not to be identified because the talks are private. The deal could be announced as early as this week, with both companies scheduled to report earnings on Feb. 13.
Bombardier invested more than $6 billion in the A220’s development before ultimately ceding control of the program to Airbus in 2018 as it struggled to sell the single-aisle plane. Bombardier is obligated to pay as much as $350 million through 2021 to fund cash shortfalls for the jet program, according to the terms of their partnership agreement.
A spokesman for Airbus declined to comment. Bombardier couldn’t immediately be reached for comment.
Discussions were reported by the Wall Street Journal and caused Bombardier’s shares to jump as much as 4.5% Friday, reversing earlier losses.
-
News2 months ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
OER Magazines1 month ago
Dossier – ToP 25 Personalities 2025
-
Dossier1 month ago
Arabic Dossier – ToP 25 Personalities 2025
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, August 25
-
News1 month ago
xAI Open-Sources Grok 2.5, Signaling Accelerated AI Push
-
Economy2 months ago
Najla Zuhair Al Jamali Appointed President of bp Oman
-
News2 months ago
Ooredoo Wins Silver Stevie® Award for Diversity and Inclusion Excellence
-
OER Magazines1 month ago
OER, August 2025