The European Union is appealing its own victory in a trade ruling against Chicago-based Boeing Co. by asking the World Trade Organization to toughen its condemnation of American subsidies for Boeing-made planes. Get the full story »
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Boeing received banned U.S. subsidies: WTO
Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Airshow, Hampshire, July 18, 2010. (Ben Stansall/AFP/Getty Images)
Boeing Co. benefited from $5.3 billion in prohibited state and federal government subsidies, a panel of World Trade Organization judges determined in a report issued Thursday.
But the total amount that will need to be remedied by the U.S. in the trade case is about half that: $2.7 billion, since the U.S. government has already stopped providing Chicago-based Boeing billions of dollars in export-related tax breaks judged to be illegal by the WTO, U.S. officials said. Get the full story »
Boeing considered underdog for tanker contract
Boeing Co. is the underdog to land a $35 billion contract for aerial refueling tankers that the Pentagon is expected to award as early as Thursday, analysts said.
If conventional wisdom is right, EADS North America would win its first major U.S. Defense Department deal and be the front-runner to replace the entire half-century-old tanker fleet in contracts expected to total more than $100 billion. Get the full story »
Airbus, Boeing clash ahead of WTO verdict
irbus and Boeing traded blows on Tuesday ahead of a final World Trade Organization ruling on claims Boeing received subsidies, in a tit-for-tat case brought by the European Union over similar U.S. claims against Airbus. Get the full story »
10,000th sale lifts Airbus past Boeing in 2010
European planemaker Airbus scored a surprise victory in the annual orders race against Boeing and celebrated the 10,000th plane sale in its 40-year history with a $5 billion order from Virgin America. A last-minute surge pushed Airbus past its U.S. rival for a third year as it held onto a net order market share of 52 percent in the face of a resurgent Boeing, which was hit by cancellations in 2009 due to delays to its 787 Dreamliner. Get the full story »
Airbus seen beating Boeing on 2010 orders
Airbus looks set to leapfrog Boeing and score a surprise last-minute win on orders when it unveils 2010 commercial results next week, industry sources said on Friday. Get the full story »
Lufthansa to fly Frankfurt-New York with A380
Deutsche Lufthansa AG says it will start operating flights between Frankfurt and New York City with its expanding fleet of Airbus A380 superjumbos early next year.
The airline said Monday it will start flying twice a week to New York’s John F. Kennedy airport from February 18th onward, with daily A380 flights planned by April. Get the full story »
No quick decision in Boeing 737 engine debate
The waiting game is about to go into extra innings for the aviation world as Boeing Co. grapples with a tough decision on how to update its hot-selling single-aisle airplane, the 737.
Experts say an announcement on Wednesday by Boeing’s rival Airbus that it would update its competing A320 jetliner with a new engine starting in 2016 gives Boeing plenty of time to assess market needs and its own engineering capabilities. Get the full story »
Airbus to revamp aviation’s A320 workhorse
An Airbus employee works on the electrical wiring in a Airbus A320 aircraft at the Airbus SAS plant in Saint-Nazaire, France. (AP)
European planemaker Airbus plans to upgrade its best-selling A320 medium-haul jets from 2016 with new engines offering 15 percent fuel savings, as it fends off upstart competitors.
Airbus said on Wednesday it would invest just over $1.3 billion in the “A320neo” project to improve efficiency and cut harmful emissions and noise. Get the full story »
Sep. 14, 2010 at 9:19 a.m.
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Filed under: Airplanes, Defense, International, Manufacturing EADS open to adjusting U.S. tanker bid
European aerospace group EADS is open to adjusting the price of its refueling aircraft bid if the Air Force asks for final proposal changes, but will still see significant profit from the bid, the company’s U.S. chairman said on Tuesday.
The Air Force has been evaluating rival bids from EADS and Boeing in a competition valued at up to $50 billion, since July, with an eye to awarding a contract this fall. Get the full story »
Date for Air Force tanker deal more in flux
The target date for the much-delayed award of a possible $50 billion U.S. Air Force refueling-plane deal just got murkier and potentially more politicized.
No longer is mid-November necessarily the moment of truth in the rematch pitting Chicago-based Boeing Co. against its European rival, Airbus parent EADS. Get the full story »
Dubai leasing firm slashes Airbus order
Europe’s Airbus said on Friday it had more than doubled its tally of 2010 orders due to a bumper Farnborough Airshow, however the pick-up was marred by $3 billion in canceled orders from Dubai Aerospace Enterprise. Get the full story »
July 21, 2010 at 5:40 a.m.
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Filed under: Defense, International, Litigation, Manufacturing, Policy EU appeals WTO ruling against Airbus
The European Union plans on Wednesday appealed a World Trade Organization ruling that Airbus SAS received $20 billion in illegal government subsidies that unfairly tilted the global aircraft market — to the detriment of Chicago-based Boeing Co. The appeal had been widely expected, and will likely prolong the already long-running dispute between the E.U. and U.S. over government funding to planemakers Airbus and Boeing. Get the full story »
Dubai may postpone Boeing, Airbus orders
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 »
Airbus officials outline challenges ahead
From The Wall Street Journal | The chief financial officer of European Aeronautic Defence & Space Co. (EADS) said Wednesday that Airbus and EADS must do a better job of putting a price tag on the risks inherent in their airplane programs. Airbus, the longtime rival of Chicago-based Boeing Co., must deal with the fact that two of biggest programs — the A380 superjumbo jetliner and the A400M military transport plane — are years behind schedule.
Get the full story: wsj.com.
