Canada has urged the World Trade Organization to block attempts by Brazil to trigger a detailed investigation of its aerospace industry to buttress its case that subsidies to Bombardier caused “serious prejudice” to Brazil’s Embraer. The procedural move by Canada comes a month after the WTO agreed to set up a panel to investigate Brazil’s claim that Canada provided harmful aid to the CSeries jet.
Boeing's trade dispute with Bombardier “could jeopardize” its defense contracts with the UK government, the UK's defense secretary has warned. Sir Michael Fallon made the comments after the US opted to impose a tax on the C-Series jet made by Bombardier.
Prime Minister Theresa May has phoned US President Donald Trump over a threat to jobs at Bombardier in Belfast from a trade dispute. In 2016, Canadian firm Bombardier won an order to supply up to 125 CSeries passenger jets to US airline Delta. The wings for the CSeries are made at Bombardier's Belfast plant.
Jazz Air Income Fund has agreed to invest 15 million US dollars for an indirect stake in Uruguay's flagship carrier, Pluna. The fund behind Air Canada's regional affiliate, Jazz Air, said that it will get a one-third, non-voting interest in Latin American Regional Aviation Holding Corp., which owns 75% of Pluna Lineas Aireas Uruguayas. The remaining 25% of Pluna is held by the government of Uruguay.