Boeing may express interest in Canada fighter jet bid, says executive

By: |
Singapore | February 5, 2018 3:09 PM

Boeing may express interest in a jet fighter competition in Canada despite a recent trade row, but is still studying the matter, a senior executive said on Monday.

boeing, plane maker, american market, canada fighter jet, jet fighter competition, jet fighter, canada fighter jet bidBoeing may express interest in a jet fighter competition in Canada despite a recent trade row, but is still studying the matter, a senior executive said on Monday. (Image: Reuters)

Boeing may express interest in a jet fighter competition in Canada despite a recent trade row, but is still studying the matter, a senior executive said on Monday. Boeing has until Feb. 9 to express interest in taking part in the bidding for 88 jets worth between C$15 billion and C$19 billion ($12.1 billion to $15.3 billion). Asked ahead of the Singapore Airshow whether the U.S. plane maker would express interest by Friday, Gene Cunningham, vice president for sales at Boeing Defence and Space, told reporters: “That is certainly a possibility and we will let you know as that unfolds”. Boeing’s relationship with Canada has soured since it complained that Canadian planemaker Bombardier was dumping airliners on the American market. A U.S. trade commission dismissed Boeing’s complaint on Jan. 26.

Cunningham also said Boeing was in discussions across Asia for possible future defence sales, including attack helicopters in Philippines and Thailand. Boeing has also had preliminary conversations with Vietnam, following the lifting of a U.S. arms embargo in 2016. “We have been to Vietnam several times to have conversations, but we are still in a formulative phase,” Cunningham said, adding that Boeing would strictly follow specific export controls that apply to all military products.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Good news for air passengers! Commercial flights from Bareilly Airport likely to start by this year-end
2Aviation boost under UDAN scheme! AAI plans to develop 100 airports, waterdromes, heliports by 2024; details
3Kudos! Delhi’s IGI Airport emerges world’s 2nd safest airport on Covid-related safety protocols; details