US trade officials are expected to confirm massive tariffs on Bombardier planes Tuesday in a case that has inflamed relations between Washington and Ottawa.
The trade dispute stems from a complaint by US aerospace giant Boeing against its Canadian rival that found a receptive ear in President Donald Trump, whose "America First" agenda has included taking a tough line in matters of internationalRead more
Canadian manufacturer Bombardier announced Friday the addition of 1,000 jobs in Montreal to build business jets, to meet rising demand for its new Global 7000 series.
The Global 7000 will be the largest purpose-built business jet in the industry, with the longest range and speed, when it enters into service in the second half of 2018 -- two years behindRead more
Canadian aircraft maker Bombardier said Tuesday it had agreed to sell up to 24 CSeries aircraft to EgyptAir for a total price tag of nearly $2.2 billion.
According to a letter of intent signed between both companies, the Egyptian carrier placed 12 firm orders for CS300 planes and took out purchase rights for another 12, Bombardier said in a statementRead more
Bombardier on Tuesday said it was reviewing 2017 delivery plans for its CSeries jets, after US engine parts maker United Technologies said it was resolving issues with its geared turbofan (GTF) engines to make them more durable.
United Technologies, the maker of Pratt & Whitney jet engines, held back some GTF shipments to plane makers and offered spares to airlines,Read more
Airbus’s coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.
The European planemaker secured the deal for Bombardier’s CSeries program by pledging to throw its marketing might behind the loss-makingRead more
Bombardier has ceded control of its new CSeries to Airbus, abandoning hope of ascending into the top echelons of passenger aircraft manufacturing alongside rivals Airbus and Boeing but securing US market access for its new jetliners.
"I am saddened but at the same time reassured," by Bombardier's partnership with Airbus on the CSeries, aeronautics professor Mehran Ebrahimi at the UniversityRead more
Airbus will take a majority stake in Bombardier's marquee C-Series airliner programme, the companies announced Monday, as the Canadian firm battled against a stiff tariff ruling in the US.
The agreement aims to allow for significant production savings on the C-Series aircraft and to make use of Airbus's international reach for sales.
source: AFPRead more
Delta Air Lines won't pay more for Bombardier planes mired in a US-Canada trade dispute, but the controversy could delay delivery of the jets, the airliner's chief said Wednesday.
"We will not pay those tariffs," said Delta chief executive Ed Bastian, who sharply criticized preliminary penalties announced by President Donald Trump's administration on Canadian aerospace manufacturer Bombardier.
"We will takeRead more
US aerospace giant Boeing is pulling all the stops to rebuild its tarnished image after filing a trade complaint against Canadian rival Bombardier, but Canada responded with ridicule and outrage Wednesday.
The American company launched an online, television and radio campaign to highlight its work with 560 Canadian parts suppliers it says supports 17,500 jobs while directly employing another 2,000Read more
Canada-US trade relations took a nosedive Wednesday after the US Commerce Department announced it would impose steep anti-dumping duties on Canadian manufacturer Bombardier's new CSeries jetliners.
The two neighbors are among the world's closest allies and trading partners, with more than half a trillion (US) dollars worth of goods exchanged annually.
So the US imposition of a 220 percent countervailingRead more