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Old 28th Apr 2017, 06:04
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peekay4
 
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Boeing seeks U.S. anti-dumping probe vs. Bombardier

Escalation from Boeing:

REUTERS -- Boeing Co on Thursday asked the U.S. Commerce Department to investigate alleged subsidies and unfair pricing for Canadian planemaker Bombardier's new CSeries airplane, adding to growing trade tensions between the United States and Canada.

The petition against Canada's new competitor to the Boeing 737 aircraft came just days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product's origin from public land amounted to an unfair government subsidy. ...

Boeing said in its petition that Bombardier, determined to win a key order from Delta Air Lines Inc after losing a competition at United Airlines, had offered its planes to the airline at an "absurdly low" $19.6 million each, well below what it described as the aircraft’s production cost of $33.2 million.

"Propelled by massive, supply creating and illegal government subsidies, Bombardier Inc has embarked on an aggressive campaign to dump its CSeries aircraft in the United States," Boeing said in its petition.
Full article: Boeing seeks U.S. anti-dumping probe against Bombardier jet | Reuters
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