EU rejects US plea for Airbus aid ban
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BRUSSELS, Belgium - The European Union rejected a US demand to ban government loans to aircraftmaker Airbus SAS, intensifying a dispute between the two trading partners.
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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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Airbus SAS on Thursday attacked a US decision to file a World Trade Organization complaint against subsidies received by the European aircraft maker.
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The EU called off its sanctions on $4 billion worth of US goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
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The European Union rejected a request by the United States to eliminate public subsidies for the aerospace groups Airbus and Boeing.
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The EU and US moved closer to an aviation trade war after failing to reach agreement during talks Thursday on subsidies to Airbus Industrie.
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BRUSSELS: The European Union yesterday demanded Washington explain more clearly how it subsidises Boeing Co and warned it would counter any US challenge targeting EU rival Airbus Industrie before the World Trade Organisation.
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US aviation giant Boeing Co., facing stiff competition from Airbus, won&#39;t be helped by a cut in government-backed loans to the European aircraft maker, a top EU official said Monday.
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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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Washington, Oct 2 (PTI) The United States and Europe are locked up in a battle over subsidies to aircraft manufacturers Boeing and Airbus, with America threatening to take up the matter with the WTO if Europeans do not stop subsidising Airbus.
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TOULOUSE, France  - The European Union's trade  chief said on Wednesday the EU and the United States could  negotiate or litigate in their dispute over government help for  Airbus and Boeing, but could not do both.
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Europe is willing to stop providing government loans to help Airbus develop new aircraft as long as the United States no longer provides similar aid for Boeing, a top European Union official said on Friday.
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The United States and European Union called a temporary time-out on Thursday in a cross-Atlantic dispute over government support for aviation rivals Boeing  and Airbus .
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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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The United States and European Union should abandon their costly WTO feud over aircraft subsidies and negotiate a new trade pact, Airbus's US chief said Thursday.
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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's top aircraft makers.
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Aircraft maker Airbus  on Thursday denied a report it was siding with Microsoft  in its anti-trust battle with the European Union.