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Airbus CEO backs CSeries assembly plan after 'hands down' ruling [Reuters]

BOEING (BA)  More Company Research Source: Reuters
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Airbus CEO backs CSeries assembly plan after 'hands down' ruling | Reuters Reuters Staff 2 Min Read DUBLIN, Jan 26 (Reuters) - The head of Europe’s Airbus pledged on Friday to push ahead at “full throttle” with plans for a new assembly line in Alabama for Bombardier’s CSeries jet, following what he called a “hands down” legal win for Airbus’s Canadian partner against Boeing. Speaking to Reuters from Montreal, where he celebrated the result with Bombardier Inc counterpart Alain Bellemare, Airbus Chief Executive Tom Enders said the decision to block U.S. tariffs on the CSeries jet represented a victory for “sober business”. “I never heard of a good strategy that was conducted aggressively against one’s own customer and that is what I would take away from that. I don’t think that’s the way to do business,” Enders said in a telephone interview. A U.S. agency earlier rejected imposing duties on Bombardier’s CSeries, dismissing Boeing Co’s claim that it had been harmed by the sale of the je [Read more]

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