Bombardier did not harm rival Boeing, court rules

Aircraft manufacturer Bombardier (Toronto: BBD-A.TO - news) has won its case against US plans to impose tariffs of 300% on its imports to America.

The US International Trade Commission (ITC (BSE: ITC.BO - news) ) ruled that rival manufacturer Boeing (NYSE: BA - news) was not harmed by Delta Airlines' order of Bombardier's C-Series passenger jets.

US firm Boeing had claimed Bombardier received unfair state subsidies from the UK and Canada, allowing it to sell airliners at below cost prices in the US.

Bombardier, which employs more than 4,000 people in Belfast and contributes an estimated £400m to the Northern Ireland economy, said the C-Series jet was "critical" to its operations there.

In a statement, the company's said the ITC's decision was a "victory for innovation, competition, and the rule of law".

"It is also a victory for US airlines and the US travelling public," it added.

"The C-Series is the most innovative and efficient new aircraft in a generation.

"Its development and production represent thousands of jobs in the United States, Canada, and the United Kingdom."

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