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Airbus pledges to push ahead with Alabama assembly after Boeing defeat [Seeking Alpha]

BOEING (BA)  More Company Research Source: Seeking Alpha
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Airbus pledges to push ahead with Alabama assembly after Boeing defeatAirbus (OTCPK:EADSF,OTCPK:EADSY) CEO Tom Enders says the company willpush ahead at “full throttle” with plans for a new assembly line in Alabama for Bombardier’s (OTCQX:BDRAF,OTCQX:BDRBF) CSeries jet following today'slegal victory for the European company's Canadian partner against Boeing (NYSE:BA).Through a venture with Airbus, which has agreed to take a majority stake in the CSeries this year, Bombardier plans to assemble CSeries jets in Alabama to be sold to U.S. carriers starting in 2019; today's decisionmay end up helping boost U.S. jobs as the jets will be built in Alabama rather than Canada.Delta Air Lines (NYSE:DAL) says it is pleased with the International Trade Commission decision and looks forward to introducing Bombardier’s CS100 to its fleet.Shares of Bombardier, which called the decision a “victory for innovation, competition, and the rule of law,” rose 15% in today's trading at Toronto.Click to subscr [Read more]

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