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Airbus Gets Edge Over Boeing in Future Jets With C Series Swoop

  • Bombardier model could save $10 billion in development costs
  • Deal also widens European company’s current narrow-body range
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Airbus Executive VP: Right Time for Bombardier Deal

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Airbus SE’s acquisition of a majority stake in Bombardier Inc.’s C Series plane threatens to leave Boeing Co. trailing in a race to develop a new generation of more advanced short-haul jets.

At one level, the deal appears to be neat way of providing Airbus with a 108 to 160 seat narrow-body aircraft, fitting below its own A320-series models and competing with the smallest variants of Boeing’s 737 workhorse, while alleviating pressure on Bombardier from a bitter trade spat with its U.S. rival.