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Boeing loses big in trade fight [CNN]

BOEING (BA)  More Company Research Source: CNN
Last boeing earnings: 4/25 07:30 am Check Earnings Report
PDF Canada's Bombardier wins big over Boeing in trade dispute Canadian plane maker Bombardier ( BDRAF ) scored a huge win in its ongoing trade dispute with Boeing. The U.S. International Trade Commission voted unanimously Friday that Boeing ( BA ) was not harmed by Bombardier and its all-new C Series jet. The vote effectively shelves two tariffs, totaling nearly 300%, that the U.S. Commerce Department wanted to impose on Bombardier. Boeing, the American aerospace giant, claims Canada's Bombardier unfairly benefited from government bailout subsidies. Boeing says those funds allowed Bombardier to sell its new C Series airliner to Delta Air Lines ( DAL ) at "absurdly low prices" in violation of U.S. trade rules. Delta in 2016 ordered up to 125 of the 110-seat C Series jets. Deliveries were expected to begin in spring 2018, but those plans are in question pending the outcome of the case. While Boeing's claims of harm come as the Trump administration strikes an aggressive posture on [Read more]

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