What Happened
US Regulator Seeks Level Playing Field For American Aircraft Makers
The Federal Aviation Administration (FAA) has backed US President Donald Trump’s concerns over Canada’s perceived refusal to certify several Gulfstream private jets. Trump had threatened to decertify Bombardier jets and impose a 50% tariff on Canadian aircraft sold in the US. The FAA Administrator, Bryan Bedford, raised issues over foreign countries not certifying US-made planes, seeking a level playing field. The dispute has already affected Bombardier, with shares dropping 9% following Trump’s social media post. This development was first reported by AeroTime.