September 26, 2017 / 11:33 PM / 4 months ago

Bombardier calls proposed 220 percent U.S duty on CSeries jets 'absurd'

MONTREAL (Reuters) - Bombardier Inc (BBDb.TO) on Tuesday called a 220 percent preliminary anti-subsidy duty slapped by the U.S. Commerce Department on its CSeries jets “absurd and divorced from the reality about the financing of multibillion-dollar aircraft programs.”

    The U.S. decision, which is subject to a final ruling in 2018, follows a complaint by planemaker Boeing Co. (BA.N) which charged that the aircraft were unfairly subsidized by Canada.

    Reporting By Allison Lampert; Editing by Sandra Maler

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