Boeing thought it was picking on a pipsqueak. Instead it has drawn its biggest rival to the fight. Airbus’ surprise deal announced late Monday to take control of Bombardier’s CSeries jet program is a coup for the European aerospace giant. Boeing had just last month successfully got the Commerce Department to impose a 300% tariff on the new line of Bombardier jets. It seemed like a perplexing complaint, since Boeing doesn’t compete in the 100-to-140 seat space that the CSeries targeted.
SourceThe Wall Street Journal
DateOctober 17, 2017