FILE PHOTO: A worker inspects a C Series aeroplane wing in the Bombardier factory in Belfast, Northern Ireland September 26, 2017. But there are signs it is trying to defuse the row as it highlights investments in Canada and Britain.Chief Executive Dennis Muilenburg told Reuters last week Boeing was still examining whether to appeal the International Trade Commission decision to overturn CSeries duties.However, trade analysts say an appeal looks increasingly unlikely, ahead of a March 12 deadline, as Boeing seeks to smooth over a row which soured relations with Canada and Britain and resulted in the loss of a Boeing fighter sale to Canada.“We are very mindful of the relationships that we have in Canada and ... we do about $4 billion of supply chain work in Canada every year,” Muilenburg told Reuters.“But we also want to make sure that we continue to set a standard for a fair playing field and that we all play by the same rules, and that will be our consistent theme.”Other potential obstacles to UK CSeries aid were lifted when UKEF eased a two-year ban on Airbus funding, resulting from misleading bids that triggered an Anglo-French corruption probe.Airbus said last month it had reached agreement allowing the funding to resume on a case-by-case basis.Korean Air took delivery of its first CSeries in December, becoming the first Asian operator. Its order for 10 jets, with options for at least another 10, suggests the main beneficiary of UKEF support will be Airbus rather than Bombardier. The Airbus CSeries tie-up is expected to be approved in a matter of months.Last July, Boeing itself became an indirect recipient of UK export support when UKEF said it was backing two Boeing 787s to Poland’s LOT Airlines. However, the aid is tied mainly to Rolls-Royce (RR.L) engines rather than the airframes.

Source: Egypt Today March 10, 2018 21:22 UTC