Discussion:
Bombardier vs Boeing
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Eric©
2017-05-18 19:39:31 UTC
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Raw Message
"U.S. aeronautics powerhouse Boeing argued at the hearing that duties should be imposed
on Bombardier aircraft, insisting its smaller Montreal-based rival receives government
subsidies that give it an illicit toehold in the international market."
http://business.financialpost.com/news/transportation/stand-up-for-american-companies-
bombardier-and-boeing-clash-at-trade-hearing-in-washington

http://bit.ly/2rwBHwv

No, really? It's really all just a big game...


November, 2016:

"In a landmark trade ruling, the World Trade Organization will this afternoon find Boeing
has illegally benefitted from billions of dollars from the most anti-competitive type of
subsidy.

These so-called 'prohibited' subsidies are considered the most serious form of anti-
competitive practice as they require an undertaking from the company in receipt of them
to promise not to operate in other jurisdictions.

You can have the money if you promise you won't open plants elsewhere - in this case even
in another US state.

This particular subsidy was offered by Washington State - home of Boeing's vast Everett
and Renton plants - and covers the development of its wide bodied 777X aircraft."
http://www.bbc.com/news/business-38131611
Greg Carr
2017-05-18 20:17:29 UTC
Permalink
Raw Message
Post by Eric©
"U.S. aeronautics powerhouse Boeing argued at the hearing that duties should be imposed
on Bombardier aircraft, insisting its smaller Montreal-based rival receives government
subsidies that give it an illicit toehold in the international market."
http://business.financialpost.com/news/transportation/stand-up-for-american-companies-
bombardier-and-boeing-clash-at-trade-hearing-in-washington
http://bit.ly/2rwBHwv
No, really? It's really all just a big game...
"In a landmark trade ruling, the World Trade Organization will this afternoon find Boeing
has illegally benefitted from billions of dollars from the most anti-competitive type of
subsidy.
These so-called 'prohibited' subsidies are considered the most serious form of anti-
competitive practice as they require an undertaking from the company in receipt of them
to promise not to operate in other jurisdictions.
You can have the money if you promise you won't open plants elsewhere - in this case even
in another US state.
This particular subsidy was offered by Washington State - home of Boeing's vast Everett
and Renton plants - and covers the development of its wide bodied 777X aircraft."
http://www.bbc.com/news/business-38131611
Very interesting. There was a time Boeing was located on Sea Island in Richmond, BC what would our economy be like if it was still there.
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