Airbus hits back after US files complaint over European subsidies
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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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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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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 on Thursday demanded Washington explain more clearly how it subsidizes Boeing Co. and said any US challenge targeting EU rival Airbus Industrie before the World Trade Organization would be countered.
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The European Commission hopes for positive developments in the European Union-US row over government aid to aircraft manufacturers Airbus and Boeing, a commission spokeswoman said.
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The United States and Europe will discuss a spat over state subsidies to Airbus and Boeing at the World Trade Organization next week, a US official said.
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Airbus reacted forcefully to a US complaint filed with the World Trade Organisation about European state aid for the European aircraft manufacturer, saying Washington's move underscored rival Boeing's dependence on &quot;WTO-incompatible subsidies&quot;.
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The United States and the European  Union faced off on Wednesday over billions of dollars in  subsidies for top aircraft manufacturers Airbus and Boeing, by  filing competing cases at the World Trade Organization.
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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. Washington and Brussels  have so far resisted launching legal action at the World Trade  Organization (WTO) in their battle over allegations of illegal  subsidies to the aviation rivals, but that option may now be  just weeks away.
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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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The European Aeronautic, Defence and Space Company (EADS), makers of Airbus commercial aircraft, struck back at accusations from US rival Boeing that it had benefitted from unwarranted state subsidies.
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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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AIRBUS said last night that the move by the United States to file a complaint with the World Trade Organisation reveals Boeing&#39;s unwillingness to enter talks to end massive federal and state support for its new 7E7 Dreamliner.
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European aircraft maker Airbus on  Thursday criticized a U.S. move to take a fight about subsidies  to the World Trade Organization (WTO), saying it showed its  rival's unwillingness to address its own subsidies.
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BRUSSELS/BANGKOK  - 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 billion-dollar, trans-Atlantic trade war centers on contentions of unfair subsidies for Europe's Airbus and America's Boeing.
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President Bush complained about European subsidies for Airbus on Friday and threatened to take a case to the World Trade Organization if they were not ended.