Boeing and Bombardier square off over tariffs at hearing in Washington [CBC (Canadian Broadcasting Corporation)]
Boeing Company (The) (BA)
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Source: CBC
Bombardier and Boeing vie over trade subsidies at Washington hearing Ambassador to Washington says potential duties of up to 300% are illegitimate Boeing Co. and Bombardier Inc. went head to head on Monday over the U.S. plane maker'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 C Series 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,
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BA
News
- The Boeing Company (NYSE: BA) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $240.00 to $225.00. They now have a "buy" rating on the stock.MarketBeat
- Airbus Lifts A350 Rate, Highlighting Edge Over Boeing [BNN Bloomberg (Canada)]BNN Bloomberg
- The Boeing Company (NYSE:BA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines exits multiple airports as Boeing troubles weigh [FOX Business Network]FOX Business Network
- Facility expansion boosts advanced manufacturing for aerospace company [Yahoo! Finance]Yahoo! Finance
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- BA's page on the SEC website