The U.S. Commerce Department has slapped preliminary anti-subsidy duties on Bombardier’s CSeries jets after rival Boeing accused Canada of unfairly subsidizing the aircraft. As Laura Frykberg reports, the move is likely to strain trade relations between the neighbours and cause problems in Britain where Bombardier’s Northern Ireland factory employs thousands. Continue reading
Four billion dollars for a multi-year budget for the planes that comprise Air Force One is not going to make a dent in a $4 trillion a year federal government budget, says Max Wolff, market strategist at 55 Capital.
Amazon’s first branded cargo plane took to the skies in Seattle during Boeing Seafair’s Air Show