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Bombardier addresses Boeing legal action

Published 06/20/2017, 08:41 AM
Updated 06/20/2017, 08:41 AM
© Reuters.  Bombardier addresses Boeing legal action
  • Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) has dismissed rival Boeing's (NYSE:BA) claim that it's using government subsidies to dump its C-series planes on the aviation market.
  • "I think most people in our industry view this as an attack on innovation," said Fred Cromer, president of Bombardier Commercial Aircraft. "We serve a specific market which is 100 to 150 seats. Boeing doesn't produce a 100-seater aircraft, so to induce airlines to a larger aircraft could be one of their strategies."
  • "Some of the numbers that Boeing have quoted are way off base and you know we look forward to telling our story, presenting the facts and I think we are pretty confident about where we will end up," he added.
  • Now read: Even Amid A Bad Scenario, Qatar Crisis Consequences Are Small


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