Boeing says committed to UK, listened to concerns over Northern Ireland jobs

Image
Reuters BELFAST
Last Updated : Sep 27 2017 | 7:28 PM IST

BELFAST (Reuters) - Boeing said on Wednesday it had listened to Britain's concerns about jobs in Northern Ireland after it won the first round of a trade battle with Canada's Bombardier, the region's biggest manufacturer.

A spokesman said the U.S. aerospace giant remained committed to Britain after UK Defence Secretary Michael Fallon warned Boeing it could lose out on UK defence contracts because of its dispute with its Canadian rival.

The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier's CSeries jets after Boeing accused Canada of unfairly subsidising the aircraft.

"We have heard and understand the concerns from the prime minister and the government about Bombardier workers in Northern Ireland. Boeing is committed to the UK and values the partnership, which stretches back almost 80 years," the spokesman for Boeing UK said by email.

The company has doubled its direct employment in the UK since 2011 and tripled its spending, he said.

"Any claimed economic threat to Bombardier is due to the weakness of its product in the marketplace," he added.

(Reporting by Tim Hepher; Editing by Victoria Bryan)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 27 2017 | 7:22 PM IST

Next Story