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Bombardier’s Upstart Jet Regains U.S. Access, Mobile Plant Likely

| January 29, 2018 @ 5:00 am

By Frederic TomescoBloomberg

Welcome back to America, C Series.

Bombardier Inc.’s marquee jet, slapped with crushing U.S. tariffs last year, got a new lease on life when an American trade panel nixed the duties. The Jan. 26 ruling, a surprise defeat for Boeing Co., enables Bombardier to jump-start sales campaigns in the world’s largest aircraft market and makes production of those planes in Alabama more likely.

A revival of orders would help debt-laden Bombardier, Canada’s largest aerospace company, add momentum to its comeback. Chief Executive Officer Alain Bellemare thrilled investors in October by forging a C Series partnership with Airbus SE. Now the two plane makers are poised to win new customers for the cutting-edge jetliner in Boeing’s backyard.“Other airlines in the U.S. are probably going to take a closer look,” said Dan Fong, an analyst at Veritas Investment Research Corp. in Toronto. “If you get another U.S. anchor, it will accelerate the sales momentum globally. The U.S. is home to the most experienced aircraft operators in the world, and everyone will be keeping an eye on what happens there.”

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