Boeing > Bombardier

[Kane]

[exploited]

This is an outrageous judgement, clearly motivated by politics, with zero grounding in economic reality.

[John Galt]

it seems outrageous but i think it was done by trade wonks, and actually not done with a political edge

the problem is apparently no one pays the list price for an airplane, but a negotiated rate. the judgement is because canada is giving financial assistance it unfairly hurts boeing so it's stating that Delta has to pay the list price for the plane, basically. and then also a penalty

i don't like that the Canadian government props up its manufacturers and then wants to play "fair" with trade in the US

on the other hand, propping up an airline industry isn't a bad idea, as that means propping up transportation and defense simultaneously. however, competition is good, even if dumping. this penalty seems rather outrageous

what happens with bombadier's dumping? well the canadian government is subsidizing american airlines, in the end, making it cheaper for delta to operate. is that bad? i feel like america is getting a good deal

[exploited]

[Kane]

[Saz]

This is like Phos calling ex a terrible poster. He isn't wrong, but come on....

Although that's what canada gets for being a little bitch of a nation. We wouldn't do this to airbus, even though their subsidy is open and obvious, because the EU could actually punish us back.

[exploited]

[Kane]

Agree. I think this will go down as a self inflicted wound. It's should be emphasized that there was pushback from the UK on this as well because Bombardier employs 4,000 people in Northern Ireland - a vital block for May and her current government (fraught as it is).

https://www.bloomberg.com/news/articles ... bombardier

[exploited]

[exploited]

Airbus just bought 50.01% the CSeries line, and will assemble them in Alabama, thus eliminating the tariffs.

Brilliant deal. They are going to grab the entire market for this size of aircraft.