EU, U.S. Avert Clash Over Airbus-Boeing
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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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The European Union voiced confidence on Thursday that it could win its case against the United States at the World Trade Organization (WTO) over state aid for aircraft rivals Boeing and Airbus.
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ISN SECURITY WATCH (08/10/04) - The fierce competition between aerospace giants Airbus and Boeing is heating up, as the US and EU take their complaints to the World Trade Organization (WTO), protesting against what they call unfair subsidies for the two
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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 United States and European Union hit serious turbulence in talks on the politically charged issue of ending government support for aviation titans Boeing and Airbus Industrie.
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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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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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WASHINGTON, Jan 12 (IPS) - The United States and the European Union have  agreed in theory to resolve a trade dispute over their national  aircraft manufacturers by halting industry subsidies.
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WASHINGTON -- Intensifying a high-altitude trade war, the United States and the European Union filed dueling legal complaints at the World Trade Organization yesterday, charging each other with showering illegal subsidies on The Boeing Co.
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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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Talks to resolve a dispute between the European Union and America over alleged unfair subsidies to plane maker Airbus ended in deadlock yesterday, raising fears of a trade war between the two blocs.
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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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Fierce competition between giant aircraft makers, Boeing and Airbus, has been heating up. The US government and the European Union have both stepped in to boost their prospects.
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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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Washington and Brussels say they will not escalate a dispute over subsidies to Boeing and Airbus.
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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 European Union on Thursday demanded Washington explain more clearly how it subsidizes Boeing Co. and warned it would counter any U.S. challenge targeting EU rival Airbus SAS before the World Trade Organization.