US, EU swap trade complaints over Airbus and Boeing competition
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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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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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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 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 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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BRUSSELS, Belgium  - The European Union and the United States agreed Tuesday to settle their Airbus-Boeing aircraft subsidy dispute through bilateral talks and not challenge each other at the World Trade Organization.
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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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European leaders have been making false claims in a commercial-aircraft trade dispute pitting Boeing Co. (BA.N: Quote, Profile, Research) against its Europe-based rival Airbus, a US senator close to Boeing said on Thursday.
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US aviation giant Boeing Co. is pressing for an end to subsidies for its European rival Airbus, which will be at the heart of new talks this month between the US government and the European Union.
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LONDON, October 7  - The European aircraft giant, Airbus, has criticized the US decision to move to the WTO over a dispute regarding government subsidies.
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The United States and the European  Union averted a legal clash over Airbus and Boeing on Tuesday,  agreeing to talks on eliminating billions of dollars in  subsidies enjoyed by the rival aircraft manufacturers.
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EU files counter-case at World Trade Organization over US aid to Boeing; US files over Airbus. BRUSSELS  - The EU said Wednesday it will file a counter-case at the World Trade Organization (WTO) over
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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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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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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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A trade fight is heating up between the United States and Europe over commercial aircraft sales. Wednesday, Washington filed a complaint with the World Trade Organization alleging that EU countries unfairly
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A 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&#39;s Airbus stepped up plans to challenge Boeing for lucrative US defense contracts.