Airbus Attacks Washington&#39;s WTO Challenge
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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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Description: The United States and the European Union take their fight over corporate subsidies to the World Trade Organization. An initial US complaint targeted EU subsidies to aircraft manufacturer Airbus.
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BRUSSELS, Belgium The incoming European Union trade commissioner is criticizing the United States for failing to work to resolve a dispute over government aid to Boeing and Airbus.
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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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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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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.
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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 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 aircraft manufacturing group Airbus believes it will benefit from a US decision to take a subsidy dispute to the WTO, since the move will destabilize development of the 7E7 by US rival Boeing, EU Trade Commissioner Pascal Lamy said here
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The United States launched a fresh attack on European Union trade policies, as the World Trade Organisation (WTO) urged negotiators to set aside petty squabbles and address the big picture.
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American companies could become &quot;collateral victims&quot; of Washington&#39;s decision to escalate the row between Boeing and Airbus over subsidies into a full-scale dispute, according to NoÃ«l Forgeard, president and chief executive of the European aircraft maker
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The European Union on Friday accused the United States of illegally terminating a 1992 bilateral agreement covering aid to large civilian aircraft makers when it filed its challenge to Airbus subsidies at the World Trade Organization this week.
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EU trade chief Peter Mandelson wants clarification of the US stance in threatened WTO action over aid to Airbus, his spokeswoman said Friday after a US official indicated Washington was delaying such action.
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Europe and the United States could be headed for a trans-Atlantic trade war over the issue of government aid to Airbus and The Boeing Co.
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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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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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U.S. trade authorities said Wednesday they will file a complaint against the European Union to the World Trade Organization, contesting what they regard as billions of dollars in unfair subsidies provided to aircraft company Airbus by European governments.