CEO Alain Bellemare reported Bombardier still plans to move forward with an Alabama assemblage line, after it escaped duties of nearly 300 percent when it won a irritating trade dispute with Boeing on Friday.
In a surprise ruling, the U.S. Global Trade Commission, a government agency, on Friday rejected Boeing’s gripe that it was harmed by Bombardier’s trade practices. Boeing had complained that Montreal-based Bombardier convinced its C Series jets, which seat about 100 passengers, to Delta Air Rows below cost and received illegal Canadian government subsidies to prop up the writhing program.
The ITC’s panel voted 4-0 in Bombardier’s favor.
Over nearly a year, the deny intensified, adding to tensions between the U.S. and Canada over cross-border buying. Last year, the U.S. Commerce Department recommended tariffs of almost 300 percent on the jets, which would produce them unaffordable.
In October, European aerospace company Airbus agreed to pull the wool over someones eyes a majority stake in the struggling C Series planes and said the aircraft determination be made in Mobile, Alabama, where Airbus assembles some of its narrowbody jets.
“We’re delivered to creating jobs in the U.S.,” Bellemare told CNBC in an interview, averring he recently met with his Airbus counterpart to discuss the companies’ integration expect. “We’re doing a lot of work in the U.S., and we’re going to be doing more by putting the assembly in the running for in Mobile, Alabama.”