Newsstand - Canada Plans to Fund Bombardier Buy In Retaliation for Brazil Subsidy Program

The Canadian government retaliated against Brazil's export subsidy program, announcing plans to support a potential $3 billion order for Bombardier Inc. aircraft.
http://public.wsj.com/sn/y/SB979162559104159079.html

Bombardier Inc. said Monday that it received a US$1.43 billion order from SkyWest Inc. for 64 additional Canadair regional jets.
http://public.wsj.com/sn/y/SB979568120653559016.html

Brazil and Canada are stepping up their WTO feud over aircraft. The two giants of commercial aviation - Boeing and Airbus - may be drawing some lessons from the legal mess. The protracted and complex process shows the limitations of the WTO's much-heralded dispute settlement mechanism.
http://dailynews.yahoo.com/h/ec/20010202/wl/stakes_are_raised_in_brazil-canada_aircraft_spat_1.html

Canada says will fight Brazil on aircraft sales
http://biz.yahoo.com/rf/010529/n29610566.html

Embraer urges Canada stop Bombardier jet subsidies

Brazilian jet maker Embraer (NYSE:ERJ - news) urged Canada on Monday to heed an interim ruling by the World Trade Organization and stop what it says are illegal subsidies to rival aircraft firm Bombardier (Toronto:BBDa.TO - news) (Toronto:BBDb.TO - news).

http://biz.yahoo.com/rf/011022/n22161966_1.html

Canada trade minister stands firm in Brazil fight

http://biz.yahoo.com/rf/011023/n23269536_1.html

Regional-Jet Maker Sees a Silver Lining

SÃO PAULO, Brazil, Oct. 23 — When the first of the sleek new 70- passenger ERJ-170 jets from Embraer rolls out of the factory next Monday, it will fly off into a world vastly different from the boom times in which it was conceived two years ago.

Global air travel has fallen by nearly one-third. Airlines are scrapping flights, pruning routes and laying off workers by the tens of thousands; some have collapsed entirely.

Embraer, formally known as Empresa Brasileira de Aeronáutica, knows that it, too, will have to hunker down for a year or two to weather the aviation downturn. But the company's hopes for the ERJ-170 and its regional-jet siblings are undimmed because Embraer expects the current crisis to propel the market to its door even faster than before.

"Our fleet is flying at an average occupancy of more than 50 percent, while traffic on the big airlines is substantially below that," Maurício Botelho, the president of Embraer, said in an interview. "Many of the big airlines like Continental and United are already announcing that they are substituting narrow-body aircraft with regional jets."

Mr. Botelho's optimism is shared by a number of analysts, who say that as the major airlines streamline their operations and cut costs, they will move to retire most of their older narrow-body aircraft with 120 to 150 seats — planes like 737's.

http://www.nytimes.com/2001/10/24/business/worldbusiness/24PLAN.html

Bombardier seeks aid to sell jets to airliners

http://www.theglobeandmail.com/servlet/RTGAMArticleHTMLTemplate/C/20011026/wxbomba?hub=businessBN&tf=tgam/realtime/fullstory_Bus.html&cf=tgam/realtime/config-neutral&vg=BigAdVariab leGenerator&slug=wxbomba&date=20011026&archive=RTGAM&site=Business&ad_

WTO Rules Against Ottawa Over Help to Jet Maker

http://webcenter.newssearch.netscape.com/aolns_display.adp?key=200201281122000231043_aolns. src

Brazil delays retaliation for Canada jet subsidy

Brazil postponed plans to retaliate against Canadian aircraft subsidies on Monday to allow more time for talks to end a six-year dispute.

Brazil had been planning to ask the World Trade Organisation (WTO) on Monday for permission to block up to $3.36 billion of Canadian exports to the South American country. But both sides agreed to defer the issue until June 24.

http://biz.yahoo.com/rc/020603/trade_brazil_canada_1.html