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Bombardier’s Win Adds Pressure on Boeing to Strike Embraer Deal [The New York Times]

BOEING (BA)  More Company Research Source: The New York Times
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Photo Bombardier and Embraer have closed the gap with Boeing’s 737 models. Credit Elaine Thompson/Associated Press Who knew trade wars were so complicated? A United States trade agency on Friday surprisingly rejected calls by Boeing and the Trump administration to impose duties on Bombardier’s CSeries jet. It shifts the regional-airplane dogfight back to the marketplace, where it belongs, raising the pressure on Boeing to seal a tricky merger with Embraer. Chicago-based Boeing’s decision to file a trade complaint against Bombardier was unusual, as it doesn’t make a direct competitor to the 100-to-150-seat aircraft. Delta Air Lines, whose order for 75 Bombardier planes triggered last year’s grievance, said Boeing didn’t make a serious bid of its own but merely offered to sell it some secondhand Embraer jets. Yet as Bombardier and Embraer extend the size of their flagship regional airliners, they have closed the gap with Boeing’s 737 an [Read more]

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