Tag: Bombardier

• Tuesday, January 28th 2020 - 07:43 UTC

  Boeing's purchase of Embraer clears Brazilian antitrust regulator hurdle

  

  Technical staff at Brazilian antitrust regulator Cade on Monday approved Boeing Co's purchase of Embraer SA's commercial aviation division without restrictions, according to a statement on the agency's website.

• Friday, May 3rd 2019 - 08:29 UTC

  Bombardier selling its Northern Ireland operations: 3.600 jobs on the line

  

  The aerospace firm, Bombardier, is putting its Northern Ireland operation up for sale as part of a reorganization of the business. The Canadian aircraft manufacturer employs about 3,600 people across several locations in Northern Ireland.

• Friday, April 20th 2018 - 09:19 UTC

  WTO backing for Brazil in the aircraft manufacturing subsidies dispute with Canada

  

  Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc.’s CSeries jets, a preliminary WTO ruling published this week showed.

• Saturday, January 27th 2018 - 09:15 UTC

  Relief in Canada and North Ireland: Bombadier wins trade dispute with the US

  

  The Canadian aerospace firm which faced damaging import tariffs on one of its jets has won a trade dispute in the United States. The UK government had suspected that Bombardier would lose and unions feared sales and UK jobs connected to the C-Series would be hit. But in a surprise ruling, the US International Trade Commission (ITC) rejected a complaint brought by Boeing.

• Tuesday, October 17th 2017 - 11:45 UTC

  Airbus takes a majority stake in Bombardier frustrating Boeing's strategy

  

  Canada's Bombardier Inc. announced on Monday it has sold a majority stake in its CSeries passenger jet business to European aerospace giant Airbus for no cost. The move comes after lackluster sales and after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Montreal-based company is selling the CSeries planes in the U.S. below cost and receiving government subsidies.