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Boeing Co (BA) Must Drop Its Canadian Fight ? or Else

Boeing Co (BA) Must Drop Its Canadian Fight ? or ElseBoeing Co (NYSE:BA) might have won the battle by getting the Department of Commerce to levy duties of 220% against Bombardier Inc (OTCMKTS:BDRBF) ? effectively cancelling any purchase by Delta Air Lines, Inc (NYSE:DAL) of the Canadian company?s C- Series jets ? but, in the process, it?s put itself and BA stock in a position where it could actually lose the war. Delta currently owns or leases 481 Boeing jets, 166 of which are 737s, the plane most closely associated with Bombardier?s CS100 and CS300. ?We are confident the USITC will conclude that no US manufacturer is at risk because neither Boeing nor any other US manufacturer makes any 100-110 seat aircraft that competes with the CS100,? Delta said in a statement.

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