0839 ET - Tariffs created a moment of uncertainty for Canadian business jet maker Bombardier and its customers, but it was temporary and appears to be back on course. CEO Eric Martel says on an analyst call that "uncertainty added a small speed bump to orders," as customers navigated what tariffs could mean, akin to the banking crisis in 2023. However, Martel says "we are seeing much better traction and activity today," and "more opportunities emerging as the geopolitical climate shifts." He says that the business isn't subject to tariffs on delivery, with governments upholding the USMCA, which provides stability, and preserves aviation jobs, "but the whole process has been taxing," Martel says. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 01, 2025 08:39 ET (12:39 GMT)
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