Bombardier wins big over Boeing in trade dispute [CNNMoney.com]
Boeing Company (The) (BA)
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Source: CNNMoney.com
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 t
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News
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- Boeing and NASA decide to move forward with historic crewed launch of new spacecraft [CNN]CNN
- Boeing, NASA's longtime partner, may finally catch up to SpaceX with astronaut launch [CNN]CNN
- The Boeing Company (NYSE: BA) had its price target lowered by analysts at Citigroup Inc. from $252.00 to $224.00. They now have a "buy" rating on the stock.MarketBeat
- Astronauts thrilled to be making first piloted flight aboard Boeing's Starliner spacecraft [CBS News]CBS News
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