What did Boeing do to Bombardier?

On 27 April 2017, Boeing filed a petition charging Bombardier with dumping for selling 75+50 CS100s to Delta Air Lines for $19.6m each, below their $33.2m production cost. Aviation Week noted “The reaction to Boeing’s petition against Bombardier across much of the aerospace industry has been sharply negative”.

Why did Bombardier sell cseries to Airbus?

The main reason is the stability and brand that Airbus brings. Even though airlines knew the C-Series was a great aircraft, there were concerns over the security of the company. And with that, its ability to commit to and develop the aircraft. Bombardier had struggled to make sales for several reasons.

Is Airbus benefiting from Boeing?

Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2\% Thursday after Airbus said adjusted operating profit will reach 4.5 billion euros ($5.2 billion) in 2021.

Why did Boeing sue Bombardier?

The dispute was over the sale of Bombardier’s roughly 100-seat C Series jets, which Boeing complained to the U.S. government were sold to Delta below their cost of production and that the program received illegal subsidies from Canadian government. In a statement, Boeing said it was “disappointed” by the decision.

What went wrong at Bombardier?

Bombardier shares have lost about half of their value since February 2015, and the Montreal-based manufacturer — saddled with more than US$9 billion of debt — has repeatedly missed cash flow targets over the last two years.

Does Boeing own Bombardier?

Bombardier Aviation is a division of Bombardier Inc. It is headquartered in Dorval, Quebec, Canada….Bombardier Aviation.