A U.S. ban on Bombardier sales could ‘massively’ disrupt American aerospace: analyst
MONTREAL — Analysts say a threatened U.S. ban on Bombardier's business jet sales would damage the American aerospace industry as well as Canada's.
Montreal-based Bombardier's threat of a U.S. ban on its business jet sales could have a significant impact on the American aerospace industry, according to analysts. President Donald Trump tweeted on Monday, suggesting he would prevent the Canadian company from operating in the U.S. unless it relocated its operations to the country. Bombardier currently employs around 3,500 workers in Kansas, Texas, California, and other American states, with its defense segment headquartered in Wichita, Kansas.
The company's supply chain relies on approximately 2,800 American companies spread across 47 states, with at least 40 per cent of its planes featuring U.S. content. National Bank analyst Cameron Doerksen warns that a ban on Bombardier sales would be "massively disruptive" to numerous American jet fleet operators awaiting deliveries.
President Trump's threat emerged just hours before Canada's retaliatory tariffs on American goods took effect, following the 50 per cent duties imposed by Washington on Canada last month.
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