ADS

ADS RESPONSE TO DEPARTMENT OF COMMERCE BOMBARDIER RULING.

ADS Chief Executive Paul Everitt said:

“This ruling is extremely disappointing and unsettling for Northern Ireland’s aerospace industry. However, it is a preliminary ruling and there is still a long way to go in this process.

“The UK Government must now work with the Canadian and US Governments to take all appropriate steps in the coming weeks and months to find an amicable resolution to this dispute, which is not in the interests of the global aerospace sector.

“Bombardier is an important part of the UK aerospace industry, and especially in Northern Ireland where it employs thousands of people.

“The company has high potential for future growth as demand for new aircraft remains high, and the Belfast site works with a supply chain of more than 800 companies in the UK and Ireland.”

Bombardier Statement on Commerce Department Countervailing Duties Preliminary Decision

Montréal, September 26, 2017

“We strongly disagree with the Commerce Department’s preliminary decision. The magnitude of the proposed duty is absurd and divorced from the reality about the financing of multibillion-dollar aircraft programs. This result underscores what we have been saying for months: the U.S. trade laws were never intended to be used in this manner, and Boeing is seeking to use a skewed process to stifle competition and prevent U.S. airlines and their passengers from benefiting from the C Series.

“The simple truth is that Bombardier created a superior aircraft that is more efficient, more comfortable, and quieter. The C Series serves a market segment not supported by any U.S. manufacturer. Delta wants to bring this remarkable new aircraft to the U.S. flying public. Boeing wants to prevent U.S. passengers from realizing these benefits, irrespective of the harm that it would cause to the U.S. aerospace industry and the cost to airlines and consumers.

“Looking beyond today’s and next month’s preliminary decisions, the International Trade Commission will determine next year whether Boeing suffered any injury from the C Series. Because Boeing did not compete at Delta and because Boeing years ago abandoned the market the C Series serves, there is no harm.

“There is wide consensus within the industry on this point, as well as a growing chorus of voices, including airlines, consumer groups, trade experts, and many others who have come forward to express grave concerns with Boeing’s attempt to force U.S. airlines to buy less efficient planes with configurations they do not want and economics that do not deliver value.

“The U.S. government should reject Boeing’s attempt to unfairly tilt the playing field in its favor and to impose an indirect tax on the flying public through unjustified import tariffs.”

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