Boeing CEO vows to keep up fight against Bombardier
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NICOLAS VAN PRAET MONTREAL
Boeing Co. is pressing ahead with its trade battle against Bombardier Inc., saying the Canadian plane maker's new partnership with Europe's Airbus SE won't allow it to escape U.S. import duties on its C Series airliner.
Buoyed by early trade rulings against Bombardier from the U.S. Department of Commerce and flush with a backlog of 5,659 commercial airplanes at the end of its latest quarter, Boeing chief executive officer Dennis Muilenburg vowed on Wednesday to keep fighting the Montreal-based transportation company. He played down the impact of the Airbus-Bombardier alliance on Boeing and said "nothing has changed" in Boeing's strategy going forward.
"The Department of Commerce will go through its evaluation. And I think you've seen in the initial evaluation that there are concerns" about Bombardier's actions, Mr. Muilenburg told reporters on a conference call. "We don't see the recent announcements around the partnership plan or new production lines changing that process or changing our position on the fact the trade matter needs to be addressed. It's important that everybody plays by the same rules."