Bombardier faces lengthy legal battle with Boeing that could hurt CSeries sales - News Summed Up

Bombardier faces lengthy legal battle with Boeing that could hurt CSeries sales


Bombardier faces a lengthy legal battle with Boeing after the aerospace giant filed a complaint with the U.S. government and the process could hurt sales of the new CSeries commercial jet, say trade experts and industry analysts. Boeing petitioned the U.S. Department of Commerce and the U.S. International Trade Commission for investigations into subsidies and pricing of the CSeries. Aerospace analyst Richard Aboulafia of the Teal Group called Boeing's legal approach "ill-advised." Herman said Boeing's move could prompt Airbus to take a similar legal action against Bombardier, adding this could stall CSeries sales in Europe. "A little like the softwood lumber file, we could see the imposition of countervailing duties on Bombardier products," he said.


Source: CBC News April 28, 2017 21:45 UTC



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