Airbus SE is in advanced talks to acquire Bombardier Inc.’s remaining stake in a commercial jet family that the Canadian company once said would transform it into a major global aviation player, people familiar with the matter said. An agreement for the sale of Bombardier’s 34% stake in the two companies’ joint A220 commercial jet program could be reached as early as next week, ahead of both companies’ earnings reports, the people said.

Source: Wall Street Journal February 07, 2020 19:57 UTC