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Airbus saves Bombardier, rebuffs U.S. threat

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Bombardier's deal with Airbus could solve a number of problems for the Canadian plane-and-train maker, mostly by making rival Boeing's complaints against the company effectively moot, analysts said on Tuesday. Montreal-based Bombardier said late on Monday it would sell a majority stake in its C-Series jetliner program to Airbus as it searches for a way to avoid punitive U.S. tariffs threatened by a trade dispute with Boeing.

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