EU backs Airbus in Boeing spat
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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 EU and US should end a feud over aircraft subsidies as it is "bad for the industry", a top Airbus official says.
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Germany and France support a "fair division" of the long-awaited restructuring of pan-European aircraft maker Airbus, the countries' leaders said Friday.Comment
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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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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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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 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 US and European Union, the world&#39;s two largest trading partners, filed dueling complaints at the World Trade Organization, arguing that aid to aircraft makers Airbus SAS and Boeing Co.
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The European Union and the US must resolve differences over government aid to aircraft makers Airbus SAS and Boeing Co. and avoid taking the dispute to the World Trade Organization, French Finance Minister Nicolas Sarkozy said.
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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 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'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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The European Union said Tuesday it will accept cuts in subsidies for Airbus Industries if Washington reduces aid for its main trans-Atlantic competitor, Boeing Co.
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BRUSSELS - The United States is to press Europe to end subsidies to Airbus Industrie in talks on Thursday, but the EU says any such cuts must be matched by pledges to slash government help for US plane maker Boeing.
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The top trade officials from the United States and the European Union will discuss a row over state subsidies accorded US aircraft manufacturer Boeing and European rival Airbus at a meeting here October 18, a European Commission spokeswoman said Wednesday.
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The European Union was considering Monday whether to levy punitive tariffs against Boeing Corp. &#151; the main beneficiary of U.S. tax breaks found to violate global trade rules. The move came despite a U.S. warning that it could aggravate a trans-Atlantic fight over subsidies to Boeing and its European rival, Airbus.
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U.S. negotiators came to the defense of Boeing Co. Thursday, seeking cuts in European Union subsidies for rival Airbus Industrie in the latest talks on the trans-Atlantic dispute centering on the world's biggest aircraft makers.