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Industry News
6th October 2017

Bombardier tumbles on new blow to $6 Billion bet-the-company jet

Bombardier Inc. shares plunged as sales prospects for Bombardier’s C Series jetliner, which cost $6 billion to develop, dimmed after the U.S. Commerce Department slapped it with preliminary import duties of 220 percent. The agency cited claims of improper subsidies after a complaint by Boeing Co.

Bloomberg

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