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Stock impact report

Airbus says Alabama plans at full throttle after CSeries verdict [Reuters]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Reuters
Airbus says Alabama plans at full throttle after CSeries verdict | Reuters Reuters Staff 3 Min Read DUBLIN (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 Inc’s CSeries jet, following what he called a “hands down” legal win for Airbus’ Canadian partner against Boeing Co . Speaking from Montreal, where he toasted the trade verdict over champagne with Bombardier counterpart Alain Bellemare, Airbus Chief Executive Tom Enders said the unexpected decision to block U.S. tariffs on the Canadian jet represented a victory for “sober business.” “Nothing is sweeter than a surprise - a surprise victory,” Enders told Reuters in a telephone interview. A U.S. agency voted 4-0 to reject proposed duties on Bombardier’s CSeries, dismissing Boeing’s claim that it had been harmed by the sale of jets at low prices to Delta Air Lines. The ruling came as Bombardier awaits approval to sell the money-losing Show less Read more
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