Airbus CEO Tom Enders said the company was not investing any money upfront for its majority stake, but it will provide ongoing funding support. When the partnership deal closes, Bombardier will be left with a 31% stake in the CSeries, a major concession following the company's billions of dollars of investment and decade-long development an aircraft line, meant to strengthen its position in the global aerospace sector. The proposed deal would intensify competition between the Airbus and Boeing Co. and potentially inflame a trade dispute between the U.S. and Canada over alleged state subsidies to Bombardier by having some Canadian-developed jets assembled on American soil. The commerce department's preliminary decision to hit Bombardier with tariffs that would quadruple the price of a CSeries aircraft in the U.S. came after Boeing complained of predatory pricing.