Home
Bombardier wins a court ruling against Boeing
14/3/2018 12:00 am [rtl]You get more deals Toronto / Nafie Fartousi The Canadian aircraft maker Bombardier has won a legal ruling in its commercial dispute with the US aviation giant Boeing, while new contracts have been signed that will earn more than two billion and a quarter billion Dollars. A court ruling issued the International Trade Commission in the United States (USITC) last week ruled in favor of the company "Bombardier" Canadian, after the Commission rejected unanimously by the four members of the complaint made by the "Boeing" last year against "Bombardier", overruling therefore the decision of the US Commerce Department to impose tariffs Compensation and other anti-dumping goods, a total of 292.21 percent on each aircraft "Bombardier" category "C" (CSeries) purchased by an American carrier . In its complaint, Boeing has accused Bombardier of selling Delta Airline 75 US passenger airlines CS100 less than the market price by obtaining illegal Canadian government support that violates the rules of competitiveness. This victory for Bombardier was a big surprise, and Sara, in Canada, as economists and Canadian officials widely believed that the decision of the International Trade Commission in the United States would be in favor of the US company. "The decision is a victory for creativity, competition and the rule of law," Bombardier said in a statement issued in the minutes following the decision. Minutes after the decision was issued, Bombardier shares on the Toronto Stock Exchange rose to $ 3.52, an increase of about 15%, reaching its highest level in three years. Deal with Egypt The commercial aircraft division of Bombardier has signed a firm order with EgyptAir for the sale of 12 CS300 aircraft with the possibility of adding another 12 aircraft of the same model to the order. The largest Canadian aerospace company and the largest African airline, announced on November 14 at the Dubai Air Salon that a letter of intent had been signed. According to the stated prices, the confirmed order is valued at US $ 1.1 billion. This amount is expected to double by $ 2.2 billion if Egypt Air chooses to purchase an additional 12 aircraft. "Egypt Air's acquisition of CSeries is another important moment for Bombardier," said Fred Cromer, head of commercial aircraft at Bombardier. For his part , Chairman of the Holding Company for "Egypt Air" Safwat Muslim said that the purchase of these aircraft allows the Egyptian company " to open a new airline , " thanks to " the unique qualifications of profitability of the " CSI 300 ". Fire fighting Bombardier has announced the sale of six K400 aircraft to Canada's Conair Group, a fire-fighting company. According to Bombardier's price list, the deal is valued at $ 206 million. The K-400 is equipped with a turbocharger and the six will be converted into tanker aircraft with the necessary modifications to suit Conner's operating environment. In addition to providing a fire-fighting system, Goods or both, as well as medical evacuations and coastal patrols. Conner operates in the United States, Europe and Australia, as well as Canada, and is headquartered in Abbotsford, South BC.[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=154176[/rtl] |
» utube MM&C 10/17/24 MM&C News Reporting - Iraq Dinar Updates 10/16/2024
» Aides CUT OFF Interview as Kamala Harris BOMBS on Fox News
» Trump's women's voters town hall oct 16-24
» MM&C 10/16/24 Iraq Increases Reserves at IMF by 50%
» MM&C 10/15/24 US Senate enters the line of pressure on the Central Bank of Iraq
» utube MM&C 10/15/24 Attention to Valuation-Revaluation of Currency-IMF-WB-Viewpoints
» Trade Bank of Iraq announces the imminent opening of Al-Saydiyah and Al-Samawah branches
» Finance launches third issue of government bonds “Enjaz” for public subscription
» Washington: We support Iraq’s economic reform agenda, updating the budget and enhancing transparency
» Muqtada al-Sadr: German Foreign Minister must retract her statements supporting the killing of civil
» About $270 million in sales from the Central Bank of Iraq at today's auction
» Oil Ministry: Iraq is one of the worst violators of gas flaring rules
» Al-Sudani chairs a meeting to follow up on efforts to develop the work of the government banking sec
» Al-Sudani stresses the importance of banking reform in enhancing citizen confidence and cooperation
» BRICS currency.. Government advisor: A global monetary and financial system is about to be born
» Iraq imports 17% of Jordanian food industry products
» MP: 3 Iraqi messages at the International Conference of Speakers of Parliaments in Geneva
» The Minister of Oil dismisses the Director General of the North Oil Company from his position
» Nechirvan Barzani calls on Baghdad not to be afraid of arming the Peshmerga: They are defending Iraq
» Two waste sites identified for use in energy generation in Baghdad
» EU seeks to build economic corridor with Gulf states
» Industry announces obligating brick factories to switch to gas instead of black oil
» Iraq ranks third in real estate purchases in Türkiye during the month
» The President of the Republic discusses the investment situation in the country
» Iraq reconstruction projects before Arab ministers
» Al-Sudani: The government has regained the confidence of citizens
» Major government campaign to combat environmental pollution
» The food basket and care increased the citizen’s share of the GDP.
» Economic Contradictions: Argentina as a Model
» Malians: No significant impact of dollar's rise in markets
» Calls to speed up the establishment of the {Bank of the Poor}
» Today.. The Kurdistan government announces a list of September salaries
» Al-Sudani pledges to adopt a 5-dimensional "integrated strategy" to support Diyala
» Barzani and Erdogan discuss the development road project
» The Presidency of the Republic calls for submitting applications regarding death sentences that do n
» Iraq is heading to import gas from deep in Asia
» They brought in about 4 billion dollars.. Iran receives more than 4 million tourists, led by Iraq, i
» Will "Turkmen gas" change the reality of electricity in Iraq?
» Politician: US Ambassador Failed to Create Western Veto on Parliament Laws
» White House adopts hotline with Baghdad in preparation for indirect negotiations with Tehran
» Deputy Minister of Oil publishes phrases for unknown reasons on his Facebook account
» He inaugurated and announced strategic projects and issued 3 important decisions.. Dimensions of Al-
» The trial period for raising the prices of improved gasoline has ended, and the amount of revenues i
» Iraq is the fourth in the world in violating “Internet freedom” during 2024
» Parliament Speaker Crisis Looms.. Coordination Framework Agrees to Support Al-Mashhadani
» Al-Sudani Party: Parliament fully supports the Prime Minister
» Kurdistan Finance Deposits More Than 77 Billion in Non-Oil Revenues into Baghdad Treasury
» Causing environmental pollution.. Closure of 30 metal smelting sites east of Baghdad
» Traffic announces the imminent start of issuing license plates for taxis, trucks and bicycles
» A huge fire devours a hypermarket in Baghdad
» Planning: The general census will collect accurate information on employees in the public and privat
» The Commission announces its full readiness to hold the Kurdistan Regional Parliament elections
» The Coordination Framework agrees to support Al-Mashhadani for the presidency of Parliament
» Sunni political meeting to discuss general amnesty and the issue of the position of the Speaker of P
» Petroleum Products: The percentage of imports of derivatives decreased to 50 percent
» "Medicines in Iraq" .. Talk about smuggled treatments and the absence of a pharmaceutical policy
» Dollar exchange rate drops on Thursday morning
» "Suspicion" in Karbala Refinery: Failure to train Iraqi cadres.. Korean will renew the operating con
» Parliamentary Committee Talks About Economic Reform Law: It Reached Parliament Months Ago
» New Study Talks About an American Crime: Uranium Fingerprint in the Blood of Iraqis
» Electoral silence in Kurdistan before stormy vote
» Special voting for Kurdistan elections starts tomorrow and the commission announces its readiness
» Iraq's 2025 budget returns to the forefront, so what are the demands?
» great interview President Trump's Interview with Bloomberg at The Economic Club of Chicago
» Foreign remittance sales increase by 97% at Central Bank auction
» Al-Maliki invites international companies to invest in agriculture in Iraq
» MP urges Sunni forces to decide on Parliament Speakership
» Al-Sudani is upset with the procrastination and threatens to withdraw the Australian hospital projec
» The Coordination Framework agrees to support Al-Mashhadani for the presidency of Parliament and pass
» Finance Minister and US Ambassador Discuss Government Efforts to Achieve Economic Reforms
» Parliamentary Services: Nearly 80% of waste landfill sites do not have environmental approvals
» "The rise of the dollar is not the reason".. An expert reveals the reasons for the rise in meat pric
» Al-Sudani lists the implementation of 99 schools in Diyala with funding from this party
» Al-Furatain Bloc: Al-Sudani's government is working to complete all service projects on time
» The Central Bank reveals the percentage of gold in Iraq's foreign currency reserves
» Rusafa is cleaner than Karkh.. Analysis of the air pollution index in Baghdad
» Medical complex for the treatment of psychological disorders and drug addiction
» Toxic waste
» Al-Sudani: We have started to address environmental pollution
» Opening of Bastora Dam in Erbil
» A move to build hospitals to treat mental disorders
» Al-Naili to {Sabah}: Starting to establish the Martyrs Fund
» National Lending Strategy
» Exporting aviation fuel... a new step towards diversifying revenues
» Oil falls, OPEC cuts growth forecast
» Foreign Minister leaves Baghdad on a European tour that begins with a visit to Ireland and ends in F
» Launching of the activities of the international scientific conference under the slogan "Development
» Parliamentary recommendations to update the proposed law on the organization of trade unions for wor
» Minister of Finance stresses the importance of partnership with the United States to achieve sustain
» Minister of Transport supervises the submersion of concrete pieces of the submerged tunnel in the Gr
» The Parliamentary Oil Committee meets with the Minister of Electricity to explain the mechanisms for
» MP calls for electing a chairman for the Nineveh Investment Commission
» The Council of Ministers decides to appoint 7 general managers in various ministries
» Transport issues clarification regarding a photo of its Minister with the Minister of Oil: Private v
» Barzani heads to Ankara tomorrow carrying 6 files
» Al-Sudani puts major countries before their responsibilities
» Iraqi oil suffers heavy losses in third session of the week
» Al-Hakim calls for greater attention to food security and agricultural production