(Bloomberg) -- Bombardier Inc. can start shipping C Series jets to Delta Air Lines Inc (NYSE:DAL). as scheduled after a surprise ruling by a U.S. trade tribunal that said the proposed imports won’t hurt American industry.
U.S. companies aren’t being harmed by sales of 100- to-150-seat aircraft from Canada, the Washington-based International Trade Commission said Friday.The ruling, which blocks a Commerce Department decision last month to impose duties of nearly 300 percent, was unanimous among the four judges.
Friday’s vote deals a blow to Chicago-based Boeing (NYSE:BA) Co., which said Bombardier sold the C Series in the U.S. at less than fair value while benefiting from unfair government subsidies. The decision also opens the door for Bombardier to add new U.S. customers while potentially easing trade tensions with Canada and the U.K., where the company builds wings for the aircraft.
