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Airbus shares rally after company's Bombardier CSeries deal
October 17, 2017 / 7:12 AM / a month ago

Airbus shares rally after company's Bombardier CSeries deal

PARIS (Reuters) - Airbus shares rose on Tuesday after the European planemaker and aerospace group agreed to buy a majority stake in Bombardier’s CSeries jetliner program.

FILE PHOTO: The logo of Airbus Group is seen on the company's headquarters building in Toulouse, Southwestern France, April 18, 2017. REUTERS/Regis Duvignau/File Photo

Airbus shares were up 2.4 percent at 78.92 euros in early trading, close to a record high of 82.25 euros reached earlier this month.

The shares, up by around 25 percent this year, led gainers on France’s benchmark CAC-40 index which was up 0.2 percent.

Reporting by Sudip Kar-Gupta

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