Boeing Co. has no plans to back down in its trade dispute with Canadian rival Bombardier — a high-stakes, cross-border conflict that the U.S. transportation giant says could have long-term ramifications for the future of the entire aerospace sector. The potential consequences of the Boeing-Bombardier standoff extend beyond any single deal — especially for Boeing itself, said Marc Allen, president of Boeing's international division. Boeing's trade complaint followed a deal struck between Alain Bellemare, left, president and CEO of Bombardier, and Ed Bastian, right, CEO of Delta Air Lines, for 75 CS100 aircraft last year. Dispute could drag onSome have questioned why Boeing is being so aggressive; the CSeries planes manufacturered by Bombardier do not directly compete with the U.S. company's existing passenger jets. Boeing and Airbus have been locked in their own trade dispute at the World Trade Organization for more than a decade.

Source: CBC News September 05, 2017 00:00 UTC