Deals
Bombardier Is Exploring Options for Its Aerospace Businesses
- Company is studying sale of lines such as Q400, people say
- Airbus is said to be among suitors in early stages of review
Bombardier Said Exploring Aerospace Asset Options
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Bombardier Inc. is seeking investors or buyers for parts of its aerospace business, people familiar with the matter said, as a turnaround plan at the Canadian planemaker faces pressure from potentially crippling U.S. tariffs on its marquee jetliner.
The Montreal-based manufacturer is studying the disposal of assets including its Q400 turboprop and CRJ regional-jet unit, said the people, who asked not to be identified because the discussions are private. Airbus SE is among the suitors, they said, with one person saying Bombardier is also open to partnerships with other aerospace companies.