Bombardier exits commercial aviation, ending bold bet on promising jet
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(Reuters) - Bombardier exited commercial aviation on Thursday, selling a loss-making plane programme that ended its high-stakes gamble on a new jet that once drove it to the brink of bankruptcy.The Canadian plane and train maker sold its minority stake in the A220 jet, formerly known as the CSeries, to Airbus SE for $600 million (£460 million), and said it would take a $1.6 billion charge on the programme.Bombardier once threatened to reshape global aviation with the first all-new narrow-body..