Passenger seats sit aboard a Bombardier Inc. CS 100 C Series jet at the Singapore Airshow held at the Changi Exhibition Centre in Singapore. (Photographer: SeongJoon Cho/Bloomberg)

Bombardier Gives Up Jetliner Ambitions for Luxury Planes, Trains

(Bloomberg) -- By relinquishing control of its C Series jets to longtime rival Airbus SE, Bombardier Inc. is scaling back its ambitions to build jetliners for the world’s airlines.