Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

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

Bombardier Inc.

Bullboard Posts

Post by LITHIUMANon Sep 27, 2017 7:47am

156 Views

Post# 26746585

Even UK business Secretary standing behind

UK Business Secretary confident will be able to have Bombardier case dismissed

10 minutes ago - Reuters

UK Business Secretary confident will be able to have Bombardier case dismissed

LONDON, Sept 27 (Reuters) - British Business Secretary Greg Clark said on Wednesday he was confident he would be able to have the U.S. anti-subsidy complaint against Bombardier dismissed.

The U.S. Commerce Department on Tuesday imposed a 220-percent duty on Canadian Bombardier's CSeries jets, whose wings are made at a Belfast plant that is Northern Ireland's largest manufacturing employer, following a complaint by Boeing.

The penalty will only take effect if the U.S. International Trade Commission (ITC) rules in Boeing's favour.

"We've been working very closely with the Canadian government to make it clear that this is a complaint that is unjustified," Clark told Sky TV.

"What needs to happen now by the trade commission is that they look to see whether there has been any detriment to Boeing," he added.

"There hasn't been because this aircraft does not compete with Boeing so we're confident that we will be able to demonstrate that and have this case dismissed." (Reporting by Stephen Addison; editing by Michael Holden)

Bullboard Posts

How does sponsorship affect share price?