Boeing loses trade case over Bombardier passenger jets

28 January, 2018, 00:54 | Author: Barbara Daniel
  • Boeing battle with Bombardier expected to drag on despite Friday decision

In new documents filed Wednesday, Bombardier said it expects Boeing will likely respond to a loss by filing a new petition once there is a new USA order for the C Series.

THE SURPRISE but nonetheless welcome decision by the US International Trade Commission not to impose near 300 per cent tariffs on the Bombardier C-Series jet will be widely welcomed here. The ITC consequently shot down the U.S. aerospace giant's pleas for 300% duties against Bombardier, a measure that received the backing of the U.S. Commerce Department last month.

British Prime Minister Theresa May on Friday welcomed Bombardier's BBBd.TO unexpected trade victory against USA planemaker Boeing Co (BA.N) as good news for British industry.

In a bend, be that as it may, last October, European aviation monster Airbus, Boeing's main adversary, said it would take a larger part stake in the C Series program and said the planes could be produced in Alabama, where Airbus as of now makes narrowbody planes.

The U.S. Department of Commerce agreed with Boeing and imposed the duties.

But the ITC on Friday nullified that decision on a 4-0 vote, ruling that a US industry would not be "materially injured or threatened with material injury" by imports of the Bombardier planes.

Delta, the second-largest USA airline, has been stuck in the middle of the dispute.

Boeing officials have said they tried to resolve their concerns diplomatically before Trump took office, to little success.

Politicians and union leaders have welcomed a ruling which stops the USA imposing huge 292 per cent import tariffs on planes partly made by British workers.

The Boeing complaint aggravated increasingly tense trade relations between the US and Canada. Bombardier contended that Boeing did not have a tantamount plane to offer Delta.

"In these hard times for global trade negotiations, this decision acts as a balm for worldwide relations, as well as for the entire Canadian and Quebecois aerospace industry", Yves-Thomas Dorval, the president and CEO of the employer's group said in a statement.

Boeing's failure to prove the "threat of harm" is a major setback both for the company and the 737-700 and MAX 7 products.

Bombardier shares spiked 19 per cent on the news to $3.67. The C Series is the most innovative and efficient new aircraft in a generation. In its statement, Bombardier underlined that the aircraft's construction "development and production represent thousands of jobs in the United States, Canada, and the United Kingdom".

"But we must not be complacent - the Trump administration has shown it wants to shut down Britain's ability to support good jobs in strategic industries". "The C-Series is now ready for take-off". With this matter behind us, we are moving full speed ahead with finalising our partnership with Airbus.

In key testimony before the ITC a year ago, Greg May, senior vice president of fleet and supply-chain management at Delta, said, "It would be wrong to suggest that Boeing lost sales to Delta because we purchased the CS100".



What you need to know about Super Blue Moon eclipse 2018
Though the moon whirls around Earth at an average distance of almost 239,000 miles, it doesn't orbit in a flawless circle. What's not to be fascinated by? Weather permitting we will have a great view of one here in New Jersey next year.

Why Caroline Wozniacki vs. Simona Halep is worth full-blown sleep deprivation
Yet Saturday morning's Australian Open finalists have not been so fortunate. "I'm going to cry". "It's been quite a turnaround. Each player took medical timeouts, and their stamina was challenged as two games lasted more than 10 minutes. "It's surreal.

Federal Bureau of Investigation agent fatally shoots bound kidnapping victim in botched rescue operation
Houston FBI Public Affairs Officer Christina Garza revealed during a news conference that two children were home at the same time. Despite this, Smith said there's no indication that the suspects have ties to any cartel, according to The Houston Chronicle .

Canadian women to play Russian Federation for bronze at Sydney Sevens
It's exciting that they're mixing the boys and girls together, there's no back field, we're all playing on that number one field. The quarterfinals will start at 12.28pm tomorrow, the semifinals are at 6.36pm while the final will kick off at 9.48pm tomorrow.

Plastic trash linked to disease in corals, says study
Even worse, bacteria adds weight to pieces of plastic , making them more likely to fall to the seafloor and land on a reef. The scholar argued that this indicator is equivalent to 15.7 billion in all coral reefs of Asia Pacific by 2025.

Donald Trump is ready to apologize for anti-Muslim retweets
When Morgan quickly pointed out that at least one of the videos was unverified, Trump said, "I didn't do it, I did a retweet". Trump's official Twitter account retweeted a series of inflammatory anti-Muslim videos in November 2017.

Afrin: The Thorn in Turkey's Side
The group said in a statement Friday that among the dead are 59 civilians and 43 fighters, including eight female fighters. Rog claimed all "Turkish military advances have now been blocked with several troops killed".

Scientists move Doomsday Clock closer to midnight
The time for world leaders to address looming nuclear danger and the continuing march of climate change is long past. The U.S. and Russian Federation are discussing expanding their nuclear arsenal .

Mourinho hails Sanchez as one of the world's best
Could I take more from his talent? "Maybe, but he did important things for us and I think there's a good feeling for everyone".

Burma prepares camps but no sign of Rohingya refugees returning from Bangladesh
The government on Wednesday unveiled to the media, including NHK, a pre-fab immigration facility near its border with Bangladesh. Many in Buddhist-majority Myanmar regard the Rohingya community as illegal immigrants from Bangladesh.