Bombardier Stock Plunges Amid Trump's Threats Over Canadian Planes
US President Donald Trump has sent shockwaves through the aviation industry after threatening to decertify Bombardier's large-cabin planes and slap a 50% tariff on new aircraft unless Canada certifies its rival, Gulfstream planes. The move has caused significant uncertainty for airlines, aviation analysts, buyers, and owners of private jets.
Shares of Canadian aircraft manufacturer Bombardier plummeted by 9% on Friday morning as investors reacted to Trump's late-night threats on Thursday. While a White House official later clarified that the president was not suggesting decertifying planes currently in operation, the initial warning caused alarm among stakeholders.
The US is home to the largest market for business aviation, and US carriers like American Airlines and Delta Air Lines rely heavily on Canadian-made aircraft for regional services. A drastic impact from Trump's threat would be felt across the industry.
Bombardier has stated that it employs over 3,000 people in the US and creates thousands of jobs through suppliers, emphasizing its significant contribution to the country's economy. The company is also reaching out to the Canadian government to address the situation.
The tensions between Canada and the US are already strained due to disagreements over trade policy, with Canadian Prime Minister Mark Carney warning nations about the end of a rules-based global order championed by Washington.
US President Donald Trump has sent shockwaves through the aviation industry after threatening to decertify Bombardier's large-cabin planes and slap a 50% tariff on new aircraft unless Canada certifies its rival, Gulfstream planes. The move has caused significant uncertainty for airlines, aviation analysts, buyers, and owners of private jets.
Shares of Canadian aircraft manufacturer Bombardier plummeted by 9% on Friday morning as investors reacted to Trump's late-night threats on Thursday. While a White House official later clarified that the president was not suggesting decertifying planes currently in operation, the initial warning caused alarm among stakeholders.
The US is home to the largest market for business aviation, and US carriers like American Airlines and Delta Air Lines rely heavily on Canadian-made aircraft for regional services. A drastic impact from Trump's threat would be felt across the industry.
Bombardier has stated that it employs over 3,000 people in the US and creates thousands of jobs through suppliers, emphasizing its significant contribution to the country's economy. The company is also reaching out to the Canadian government to address the situation.
The tensions between Canada and the US are already strained due to disagreements over trade policy, with Canadian Prime Minister Mark Carney warning nations about the end of a rules-based global order championed by Washington.
their planes r so good and america is literally threatening to screw them over because of trump's weird politics what does he even care about? i mean, it's not like canada is just gonna let the us do whatever they want and bombardier has a huge impact on the economy here... like, thousands of jobs are at stake 
anyone else think this is super unfair?
. Trump's all like "boo" and then you gotta scramble to save your company? It's not cool, dude. I mean, they're already working hard to keep American jobs alive, and now this? It's like, thanks for the warning, Donald... 50% tariff? That's some nasty stuff 
. Not cool.
meanwhile i wonder if american airlines is gonna start flying on canadian maple syrup instead of coffee 
and btw 50% tariff sounds like something out of a bad video game, like "decertify planes" is just code for "make canada pay" 
, this is getting ridiculous! Trump's threats towards Bombardier are so last-minute and hurtful 
. I mean, what even is the point of slapping tariffs on planes? It's gonna affect innocent people who work for Bombardier in the US, not to mention all the job losses that'll happen when airlines switch to Gulfstream 
. And let's be real, Trump knows this is a big deal 
How's he gonna fix this mess? Maybe he should focus on fixing his own presidency instead of picking fights with countries 
.
I'm low-key freaking out for my favorite plane manufacturer 
they're already struggling, and now this? A 50% tariff would be devastating 
️! I mean, have you seen how much stuff Bombardier makes for the airlines and private jet owners? It's huge 
! And now, Trump is basically saying that Canada needs to play nice with Gulfstream or else... That's gonna mess up so many jobs in Canada - like, over 3k people in the US, and thousands more through suppliers 
.
.
. Can't wait to see how the Canadian government reacts and if Bombardier can find a way to deal with Trump's tantrum 
The impact on all those jobs in the US will be huge 
. We need to rally behind our Canadian friends 
. Maybe we can help facilitate a dialogue between Bombardier and the US government? 