Bombardier Inc`s
The report shows the potential impact on the U.S. economy and companies if the Canadian company`s new CSeries jetliner is effectively kept out of the U.S. market by a trade row initiated by Boeing Co
Boeing has accused Bombardier of receiving taxpayer subsidies that allowed it to sell the CSeries in the United States at prices below cost. Last week, the U.S. Department of Commerce proposed a duty of nearly 220 percent to compensate for the subsidies, and the agency is due to issue a decision on potential additional duties for dumping later on Thursday.
The imposition of additional duties would effectively keep Bombardier out of the United States because it would make its planes too expensive to be competitive
The report said more than half of the materials Bombardier buys for the new CSeries plane come from U.S. suppliers, with the most spending in California, Connecticut, Illinois, Iowa and Kansas, the report said.
The duties, which would affect an order for 75 planes by Delta Air Lines
Bombardier has already said that its spending supports 22,700 jobs in the United States, and it has identified major CSeries suppliers such as Connecticut-based engine maker Pratt & Whitney, a unit of United Technologies Corp
The report identifies the 10 largest CSeries suppliers, including French interiors supplier Zodiac Aerospace SA
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
02:27 AM IST