Bombardier held talks with China over C Series

Bombardier discussed a potential sale of a stake in its C Series program with Chinese firms before reaching a pact with European giant Airbus, according to people familiar with the talks. Airbus announced Monday it acquired a majority stake in the jet project for nothing, reshaping the airline sector amid a trade dispute with Chicago-based Boeing. Bombardier had been in touch with a small group of Chinese state-owned enterprises about a C Series investment, according to two people familiar with the talks. The firms included Commercial Aircraft Corp. of China Ltd., one of the people said. Comac declined to comment on the Airbus deal and their media department said they weren’t aware of any talks with Bombardier. Mike Nadolski, a Bombardier spokesman, said the company wouldn’t comment for this story as a matter of policy. Quebec Economy Minister Dominique Anglade, acknowledged other negotiations when asked if talks were held with China specifically.<br/>