EU moves ahead with tariffs on US but hopes for Biden change
Trade action traded between US and EU over support for aircraft manufacturers Boeing and Airbus.
Hundreds of Quebec aerospace workers to be laid off
Airbus is waiting for “clear visibility” while Pratt & Whitney is resounding to pressure on the order book.
Air Canada signs two Quebec aircraft maintenance deals, subject to Transat deal
The airline has signed agreements with AAR and Avianor for several Airbus models
Bombardier sells C Series stake for $591M, now out of commercial aviation
Transferred shares to Airbus SE and the Quebec government in a move to emerge from more than $9 billion in debt.
Airbus nears settlements with US, UK, France over fraud, bribery cases
Details of how much it could pay to settle the cases were not released, but it could reach billions of euros.
Bombardier expects to fall short of guidance, reassessing Airbus deal
Expects consolidated revenue of about $15.8 billion, short of expected $16.5 billion to $17 billion.
Airbus to expand production at plant on US Gulf Coast
As part of a plan to build 63 aircraft in its A320 family of planes per month, Airbus will increase to seven airplanes monthly by early next year.
European Union fails to end illegal subsidies for Airbus: WTO
Panel found that the EU had not taken sufficient steps to end harm to Boeing.
Military facing delay in delivery of new search and rescue plane
Problem revolves around exactly which details Airbus needs to include in the documents.
Europe’s specialty food makers brace for US tariffs
Tariffs on US$7.5 billion on a range of European goods were approved by the World Trade Organization as compensation for illegal EU subsidies to Airbus.
US tariffs on EU goods would include cheese, wine, aircraft
WTO ruled the US could retaliate over illegal aid that the 28-country EU gave to Airbus.
US cleared to slap US$7.5B in tariffs on EU over Airbus case
Tariffs can take effect no earlier than mid-October because a key WTO panel needs to formally sign off on them first.
France floats tariffs on US goods amid Airbus Boeing dispute
Europe is bracing for possible US sanctions over the plane subsidy issue.
Boeing eyes more 737 Max sales after post crash drought
Says it’s in negotiations with several customers interested in buying the jet.
From jets to cheese: US wants to put new tariffs on EU [UPDATED]
Suggests a breakdown in talks with the European Union over trade.