EU says Boeing aid cost Airbus billions of dollars
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The European Union said on Wednesday  U.S. subsidies for Boeing Co. had caused Airbus billions of  dollars of damage in recent years and described the U.S.  response to the charges as weak.
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The European Union (EU) on Wednesday said that it has decided to take the first legal steps against the US over its subsidies to Boeing.
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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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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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Aircraft manufacturer Boeing Co. expects the "full elimination" of European subsidies to Airbus for development of new aircraft, a senior Boeing executive said Thursday.
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The Airbus A380 superjumbo project is running 1.45bn euros (Â£1bn; $1.9bn) over budget, the firm's majority owner EADS admits.
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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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The US and European Union, the world&#39;s two largest trading partners, filed dueling complaints at the World Trade Organization, arguing that aid to aircraft makers Airbus SAS and Boeing Co.
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Boeing does not want a trade war over subsidies, but Europe must stop giving state aid to rival Airbus, which is destroying competition in the aerospace industry, a senior Boeing official said on Friday.
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The Bush administration dramatically escalated a dispute with the European Union yesterday by filing one of the biggest complaints in World Trade Organization history, accusing European governments of illegally subsidizing Airbus SAS, the continent's airplane manufacturer and a global competitor of Boeing Co.
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A top Boeing Co. official said on  Friday he was optimistic the European Union would agree to end  government aid to develop new aircraft, which has helped its  chief rival Airbus grab more than half of the civil aircraft  market.
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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 EU on Wednesday backed  Airbus in a row over state subsidies with U.S. rival Boeing Co.   while yet another client of the European planemaker  threatened to cancel orders for the A380 superjumbo.
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The European Commission and President George Bush are in a war of words over subsidies given to aircraft makers Airbus and Boeing.
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TOULOUSE, France  - The top EU trade official said that Washington had a &quot;false perception&quot; of how aircraft manufacturer Airbus is funded but added that talks with US authorities to settle a row over government assistance to both Airbus and US rival
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NEW YORK, October 6  - The US and European Union (EU) have filed counter-complaints with the World Trade Organization (WTO), alleging that government aids to the aircraft companies, Airbus and Boeing (BA.
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The European Union on Friday accused the United States of illegally terminating a 1992 bilateral agreement covering aid to large civilian aircraft makers when it filed its challenge to Airbus subsidies at the World Trade Organization this week.