EU, US Trade Blows Over Plane Agreement
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The European Union and the United States exchanged blows again on Friday over a transatlantic aircraft pact, sharpening a trade row and calling into question funding for the world&#39;s top aircraft makers.
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The United States and Europe on Wednesday filed tit-for-tat World Trade Organization complaints over billions of dollars in subsidies for top aircraft manufacturers Airbus and Boeing.
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The European Union on Wednesday accused the United States of trying to weaken aircraft maker Airbus and causing 27 billion dollars (19 billion euros) in losses by paying subsidies to US rival Boeing.
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The United States and the European Union clashed Wednesday in a billion-dollar, trans-Atlantic trade war centering on contentions of unfair subsidies for Europe&#39;s Airbus and America&#39;s Boeing, two industry giants.
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PARIS The battle between Boeing and Airbus escalated Wednesday when the United States and Europe filed competing unfair trade cases over government aid to the world&#39;s two largest aircraft manufacturers.
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The United States accused the European  Union on Wednesday of violating a newly signed &quot;open skies&quot;  aviation agreement by proposing to include international  airlines in the EU emissions trading scheme from 2012.
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European airlines entered a legal limbo over the weekend as a data-sharing agreement between the U.S. and the European Union expired with no resolution. The agreement shielded airlines from stringent EU data-privacy laws.
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BRUSSELS  - The European Commission condemned Friday a unilateral US decision to terminate a 1992 accord on trans-Atlantic air subsidies, saying the move was invalid and therefore the deal remained in force.
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The United States and the European Union took their fight over billions of dollars in subsidies for Airbus and Boeing to the World Trade Organization on Wednesday.
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The European Union accused the United States on Friday of violating a transatlantic pact on subsidies to aircraft makers and demanded consultations before Washington gives any aid to Boeing Co.'s 7E7 project.
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(InfoWorld) - A failure by the U.S. and European Union to reach a new agreement next month on the provision passenger data for transatlantic flights could ground up to 105,000 people each week, the International Air Transport Association's (IATA) director general said Thursday. The two sides need to reach a new accord by the end of September, after the European Court of Justice ruled in May that the current agreement is unacceptable. That agreement calls for airlines to provide U.S. authorities with the names, addresses, ticket payment details, and telephone numbers of passengers on U.S.-bound flights. The EU'sÂ highest court ruledÂ that there was no "appropriate legal basis" for the deal, and said it would cease to be valid from October. If a new agreement isn't reached before then, airlines will be forced to decide whether to continue providing the information in violation of European privacy law, withhold the information in violation of U.S. law, orÂ ground flights to avoid breaking any law, said Giovanni Bisignani, director general and CEO of IATA, at a news conference in Tokyo. "I hope that there will be an agreement because I know that the cooperation between the Homeland Security and European Union is strong and effective," he said. "I think there is time to find a decision," Bisignani said. "It's not up to me to say which is the best decision. It's up to me to say I look forward to increased cooperation and increased discussion between the two parties because we cannot be in a situation on Sept. 30 when we have to make the decision which law to break." Bisignani's comments came two days after U.S. Secretary of Homeland Security Michael Chertoff wrote in The Washington Post that the U.S. needs continued access to the personal information on passengers, and also wants the rules relaxed on how the information can be used. The US Customs and Border Protection receives the information regularly, he wrote, but cannot share it freely with investigators in other Department of Homeland Security divisions, Immigration and Customs Enforcement, or with the Federal Bureau of Investigations -- "never mind with our allies in London." "This information might yet identify associates of those arrested in the plot in Britain, but the rules blind us in routinely searching for that connection," Chertoff wrote. The U.S. says the data allows them to identify certain passengers for additional screening when they arrive in the U.S. while reducing the amount of time spent on screening low-risk passengers.
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The United States and Europe on  Wednesday filed tit-for-tat World Trade Organization complaints  over billions of dollars in subsidies for top aircraft  manufacturers Airbus and Boeing.
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The United States and the European Union reignited their long-festering trade war over commercial aircraft subsidies Wednesday.
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The European Union and United States agreed on Friday to the outlines of a new pact to open transatlantic aviation markets, smoothing over a rift on airline ownership in the hope of boosting traffic and creating jobs.
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Europe's highest court blocks an EU-US deal that requires airline passenger data to be transferred to the US.
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In a nasty trade battle that could rattle the multibillion-dollar aerospace industry, the US and Europe formally sued one another in the World Trade Organisation over the huge government subsidies paid to their respective aircraft giants, Boeing and Airbus
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TALKS between the United States and the European Union over subsidies for rival aircraft manufacturers Airbus and Boeing ended last night without agreement.