UPDATE 2-Boeing-Bombardier spat puts U.S.-Canadian trade deals in spotlight [Reuters]
Boeing Company (The) (BA)
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Source: Reuters
Boeing-Bombardier trade dispute heats up at U.S. hearing | Reuters 6 Min Read WASHINGTON (Reuters) - Boeing Co and Bombardier Inc went head to head on Monday over the U.S. planemaker’s claim that its Canadian rival used billions of dollars in illegal government subsidies to dump 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. “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 in opening remarks. If the ITC sides with Boeing, as it has so far, it could effectively keep U.S. airlines from using B
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BA
News
- Family of Boeing whistleblower John Barnett speaks out following his death [CBS News]CBS News
- Mexico's New State Airline Sued in $800 Million Contract Dispute [BNN Bloomberg (Canada)]BNN Bloomberg
- Elevate Aviation Group announces strategic partnership with New Pacific Airlines [Yahoo! Finance]Yahoo! Finance
- RyanAir CEO speaks out on 2 years of Boeing problems: ‘spanners under floorboards,' ‘missing seat handles' and ‘much-needed' new management [Yahoo! Finance]Yahoo! Finance
- Focus: How Boeing's leadership was 'fired' by its own customers [Reuters]Reuters
BA
Earnings
- 1/31/24 - Beat
BA
Sec Filings
- 3/25/24 - Form 8-K
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- BA's page on the SEC website