June 30, 2010 at 10:04 a.m.
Filed under:
Defense,
International,
Politics
By Reuters
The European Union and some of its states paid prohibited export subsidies to planemaker Airbus and must eliminate them rapidly, a World Trade Organization dispute panel said on Wednesday. The ruling marks a big setback for Airbus, but is not the end of its battle with rival Boeing over subsidies in the market for large civil aircraft worth $3 trillion over the next 20 years.
Boeing hailed the WTO ruling, which did not back all U.S. claims, saying it proved that Airbus had only been able to take market share from Boeing — nudging it out of number one place in the process — because of subsidies. Get the full story »
June 29, 2010 at 8:05 a.m.
Filed under:
Airlines,
Airplanes,
International
By Reuters
Dubai’s financial woes may force majority state-owned Dubai Aerospace Enterprise to renegotiate some 220 aircraft orders with Boeing and Airbus, French daily Les Echos said on Monday. The debt-laden emirate has chosen to turn part of its deliveries into new contracts for airline Emirates, the paper said, without citing a specific source. Get the full story »
June 28, 2010 at 12:15 p.m.
Filed under:
Airplanes,
International,
Trade
By Associated Press
Airbus is calling for talks between the United States and the European Union to end the trans-Atlantic fight over subsidies to aircraft manufacturers. Airbus says it’s the only way to end the costly six-year dispute.
