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A Feud Between Boeing and Bombardier is Casting a Spotlight on U.S.-Canadian Trade Deals [Fortune]

BOEING (BA)  More Company Research Source: Fortune
Last boeing earnings: 1/31 07:30 am Check Earnings Report
PDF Boeing (ba) and Bombardier (bombf) traded barbs on Monday over the U.S. planemaker’s claim that its Canadian rival benefited from billions of dollars in illegal government subsidies and dumped its newest jetliner in the United States at below cost. At a contentious hearing of the U.S. International Trade Commission (ITC), Boeing accused Bombardier of harming its ability to sell 737s in the U.S. market, in one of the final stages of a bitter trade dispute due to conclude in February. Bombardier argued Boeing‘s large 737 order book shows there has been no adverse impact from its CSeries jet and that the U.S. planemaker does not manufacture a jet that competes with the new model. “Boeing is making money hand over fist. And with a backlog of 737 orders years into the future, there are no signs of difficulty on the horizon,” Bombardier representative Peter Lichtenbaum said. If the ITC sides with Boeing, as it has so far, it could effectively keep U.S. airlines f [Read more]

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