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Trump Threatens Canada With More Tariffs on Private Jet Snag [Yahoo! Finance Canada]
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Most Read from Bloomberg In response, the US would decertify “Bombardier Global Expresses, and all Aircraft made in Canada, until such time as Gulfstream, a Great American Company, is fully certified,” Trump said. He claimed that Canada was effectively prohibiting the sale of Gulfstream products through the same certification process. “If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50% Tariff on any and all Aircraft sold into the United States of America,” he said. A White House official said Trump's decertification announcement would only affect new planes — sparing thousands of jets already in operation. Still, it's unclear how the US would decertify the aircraft since such a measure typically relates to safety issues. Gulfstream didn't respond to a request for comment. “I don't know what this is or where it's coming from, but it's beyond a bad idea for the president to get in the way of safety and certification,” said Richa
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- Airline to cancel all flights to region over geopolitical instability [Yahoo! Finance][Yahoo! Finance]
- Trump says airlines can fly to Venezuela again — and American wants to be the first to return [Business Insider][Business Insider]
- American Airlines Group (NASDAQ:AAL) was given a new $17.00 price target on by analysts at Cantor Fitzgerald.[MarketBeat]
- American Airlines Group (NASDAQ:AAL) was upgraded by analysts at Argus to a "hold" rating.[MarketBeat]
- American Airlines Group (NASDAQ:AAL) had its price target lowered by analysts at TD Cowen from $19.00 to $17.00. They now have a "buy" rating on the stock.[MarketBeat]
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