US Won&#39;t Wait Long In Airbus-Boeing Row
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The United States will not wait long before resorting to legal action in the trade dispute over government support for Airbus and Boeing, US Trade Representative Robert Zoellick said on Tuesday.
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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 United States and the European Union have taken their fight over billions of dollars in subsidies for Airbus and Boeing to the World Trade Organisation.
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A decades-long struggle between the world's two largest aircraft makers escalated into a trade war between the United States and Europe, just as France-based Airbus stepped up plans to challenge Boeing for lucrative US defense contracts.
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US and EU negotiators traded arguments on Thursday over state aid for aircraft rivals Airbus and Boeing, but wound up no closer on a sensitive issue that has gathered steam in the run up to the US presidential election.
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The United States said on Tuesday it may soon take legal action in a trade row over government help for Airbus and Boeing, particularly as the European aircraft maker was seeking support for a new project.
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Washington and Brussels say they will not escalate a dispute over subsidies to Boeing and Airbus.
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The boss of Boeing Co. insisted Thursday that he is not looking for a trans-Atlantic spat in a dispute over subsidies for Airbus, but also said that aid for the rival aircraft maker&#39;s new programs should stop.
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BRUSSELS : The United States wants Europe to end all future government support for Boeing&#39;s arch-rival in commercial plane-making, Airbus Industrie, or face legal action, a senior official said.
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Negotiators from the United States and European Union, under pressure from US presidential campaign rhetoric, were due to meet on Thursday in Brussels to debate Boeing&#39;s allegations that Europe lavishes unfair subsidies on Airbus.
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The boss of Boeing Co. insisted Thursday that he is not looking for a trans-Atlantic spat in a dispute over subsidies for Airbus, but also said aid for the rival aircraft maker&#39;s new programs should stop.
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Airbus reacted forcefully Wednesday to a US complaint filed with the World Trade Organisation about European state aid for the European aircraft manufacturer, saying Washington&#39;s move underscored rival Boeing&#39;s dependence on &quot;WTO-incompatible subsidies&quot;.
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The United States and the European  Union are unlikely to reach a new civil aircraft pact covering  Boeing Co. and Airbus, an EU official said on Thursday,  boosting the chances the two sides will take their subsidy  countercharges to the World Trade Organization.
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A decades-long struggle between the world&#39;s two largest aircraft makers escalated into a new trade war between the United States and Europe, just as France-based Airbus stepped
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PARIS The European trade commissioner, Peter Mandelson, and the US trade representative, Robert Zoellick, said Monday that they were prepared to battle over aid to Boeing and Airbus after failing to resolve differences.
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The United States bristled on Friday at an Airbus plan to ask for up to 1 billion euros in European government loans to develop a new plane despite US complaints that the &quot;launch aid&quot; violates world trade rules.
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U.S. planemaker Boeing does  not expect to make order gains for its aircraft as a direct  result of delays to the A380 superjumbo being built by European  rival Airbus, a Boeing official said on Monday.