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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by rustybladeson Oct 02, 2017 4:17pm
157 Views
Post# 26767968

RE:Why Trump administration goes after Bombardier?

RE:Why Trump administration goes after Bombardier?
Last paragraph of the article,

The next step in the process is for the International Trade Commission to decide whether the Canadian government has in fact harmed Boeing by subsidizing Bombardier. The process is likely to take a year or more, and Bombardier can appeal if the ruling doesn’t go its way. So, the tariff proposal will be a moot point if Bombardier delivers the 75 airplanes to Delta before the ITC process runs its course.

There were several pricing mistakes in the article so I'm not sure if the last sentence is another mistake.  As written, it seems to imply that no tariiffs will be imposed if the planes are delivered before the ITC completes its imvestigation. Runs counter to my understanding of how this works.
Bullboard Posts