Bom­bardier sees sales pace jump af­ter win­ning suit

The Pak Banker - - FRONT PAGE - TORONTO -AFP

Bom­bardier Inc. has re­gained mo­men­tum on sales cam­paigns with its cus­tomers, af­ter a U.S. trade rul­ing last month blocked a pro­posed im­port duty on its planes, re­mov­ing an un­cer­tainty for a jet it spent $6 bil­lion de­vel­op­ing.

"It's been a big re­lief for the in­dus­try, it's a great vic­tory for com­pe­ti­tion, for in­no­va­tion, for the rule of law," Colin Bole, se­nior vice pres­i­dent of Bom­bardier's com­mer­cial air­craft unit, said in an in­ter­view with Bloomberg Tele­vi­sion Haslinda Amin Tues­day in Sin­ga­pore. "We're see­ing very pos­i­tive mo­men­tum from our cus­tomers."

The U.S. In­ter­na­tional Trade Com­mis­sion ruled last month that sale of Bom­bardier's C Se­ries isn't harm­ing the Amer­i­can in­dus­try, block­ing a Com­merce Depart­ment de­ci­sion last year to im­pose du­ties of al­most 300 per­cent af­ter a com­plaint by Boe­ing Co. That has en­abled the Cana­dian com­pany to de­liver the air­craft to Delta Air Lines Inc., which or­dered at least 75 CS100 planes in 2016.

"It makes a big dif­fer­ence," Bole said. "We had lot of ac­tive cam­paigns -- some of them were per­haps not as ac­tive as they might have been be­cause of the com­plaint -- and now we're look­ing for­ward to tak­ing them for­ward."

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