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[FrankCanada97]

http://business.financialpost.com/news/transportation/u-s-trade-commission-deals-blow-to-bombardier-with-vote-to-continue-jet-dumping-probe

The United States International Trade Commission voted to continue its investigation into Bombardier Inc.'s trade practices on Friday, a decision that was largely expected and that could stall the company's efforts to sell its CSeries jets in the U.S. market.

After a 45-day preliminary investigation, the five members of the USITC panel all voted in the ”affirmative," deciding that there is ”a reasonable indication" that the Boeing Company is threatened with material injury as a result of Bombardier's alleged sale of subsidized jets for less than fair value.

The U.S. aerospace giant filed the petition with both the USITC and the U.S. Department of Commerce, alleging that Bombardier had used illegal government subsidies and launched an ”aggressive campaign" to dump its CSeries jets in the U.S. market.

At the centre of Boeing's petition are two order bids for Bombardier's previously beleaguered CSeries aircraft, including Delta Air Lines' purchase of 75 CSeries jets.

The petition has pitted Boeing against Bombardier, Delta and the Canadian government, which all argued that the trade commission should dismiss the complaint and issue a negative determination.

Delta said there was ”no reasonable indication of threat of material injury" to Boeing, as the company never tried to sell new aircraft to the airline, and does not make an aircraft the size Delta wanted.

Although Bombardier has yet to deliver one of its new aircraft to Delta, Boeing said its use of highly distortive pricing is an attempt to eliminate the 737 Max 7 from the 100 to 150-seat single aisle market home to the CSeries.

The trade spat could have many immediate reverberations, for both Boeing and Bombardier.

As the investigation continues, Boeing risks further straining its relationship with the Canadian government, which has suggested it may reconsider purchasing billions of dollars worth of Super Hornet fighter jets. Last week, Defence Minister Harjit Sajjan suggested that the U.S. company can no longer be considered a trusted partner as a result of the petition.

Bombardier with the introduction of the CS100 and CS300, have for the first time begun to directly compete with the Airbus and Boeing duopoly in the 100-150 seat narrow body jet category. The planes have recently started service in Europe with Swiss Global Airlines and airBaltic.

This trade complaint was kicked off when Delta ordered 75 CS100 aircraft from bombardier. The CSeries program was already delayed multiple times, originally scheduled to enter service in 2013. Bombardier is recieving a $1 billion investment from the Quebec government and $372.5 million CDN over four years from the federal government.

Bombardier's CS300 directly competes with the Airbus A319neo and the Boeing 737 MAX 7. Boeing is attempting to prevent Bombardier from gaining US marketshare.

Delta is the only US based airline to place an order for a CSeries jet.

 

[jstripes]

BTW, how are those streetcars coming?

Fuck Bombardier.

 

[Divvy]

BTW, how are those streetcars coming?

Fuck Bombardier.

.