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

Report: Boeing will not appeal ruling on Bombardier trade case

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Investment Banking Essentials Newsletter April Edition - 2022


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."