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With the agreement to sell its stake in the Airbus A220 program, Bombardier (BDRAF) has formalized its departure from the commercial aerospace industry. In this report, we have a closer look at the sum that Bombardier received for its stake in the Airbus A220 program and explain why this is an incredibly disappointing outcome for Bombardier.
Exiting commercial aviation
As we know now, Bombardier will be exiting the commercial aviation industry and that hardly should come as a surprise given that the C Series program stalled further investments in Bombardier’s other commercial aircraft, the CRJ