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Bombardier scores shocking victory over Boeing in trade dispute involving Delta jets (BA) [The Business Insider]

BOEING (BA)  More Company Research Source: The Business Insider
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Bombardier scores shocking victory over Boeing in trade dispute involving Delta jets A rendering of a Bombardier C Series jet in Delta livery. Bombardier The US International Trade Commission has voted unanimously in favor of Bombardier and against Boeing 's claim that the Canadian airplane maker's sale of next-generation C Series airlines to Delta Air Lines unfairly damaged sales of its rival 737-700. Boeing and Bombardier have been in a trade dispute over the sale of 75 C Series airliners to Delta in 2016. The deal also includes an option for an additional 50 C Series planes. Boeing filed a complaint with the US Commerce Department in April claiming that its business was harmed when Delta received unnaturally low prices on the Bombardier jets made possible only through Canadian government subsidies. "The United States International Trade Commission (USITC) today determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports [Read more]

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