trending Market Intelligence /marketintelligence/en/news-insights/trending/3diboibpuw5xqtczg9v6gq2 content esgSubNav
In This List

Report: Boeing will not appeal ruling on Bombardier trade case

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Banking Essentials Newsletter: 7th February Edition

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions


Report: Boeing will not appeal ruling on Bombardier trade case

Boeing Co. will not appeal a U.S. International Trade Commission ruling that permits Canadian rival Bombardier Inc. to sell jets to U.S. airlines without hefty duties, a Boeing spokesman told Reuters on condition of anonymity.

The spokesman declined to elaborate on the decision not to appeal, while a Bombardier spokesman was not immediately available to comment, Reuters reported March 23.

Boeing had alleged that Bombardier jets received subsidies from the Canadian government that allowed them to be sold in the U.S. at less than fair value. In January, the U.S. International Trade Commission rejected Boeing's claims that the subsidies caused it harm, blocking a U.S. Commerce Department move to impose duties on imports of Bombardier's C-Series aircraft.

A Canadian government official who spoke to Reuters on condition of anonymity said that Boeing's decision not to appeal was "good news."