Airbus battle lands at WTO
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SEATTLE -- US trade authorities, prodded by The Boeing Co., reignited a long-dormant trade war Wednesday by filing a complaint before the World Trade Organization accusing the European Union of buoying aircraft maker Airbus with $15 billion in illegal
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PARIS -- Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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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 dispute over subsidies to Airbus and Boeing are expected to be on the agenda as the new commissioner of the European Trade Union, Peter Mandelson, and his counterpart from the United States, Robert Zoeller, started discussions Monday.
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Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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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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PARIS The European trade commissioner, Peter Mandelson, and the US trade representative, Robert Zoellick, said Monday that they were prepared to battle over aid to Boeing and Airbus after failing to resolve differences.
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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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Airbus put its stamp on aviation history yesterday, unveiling the world's largest commercial jet and raising the stakes in its 35-year rivalry with Boeing Co.
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Airbus put its stamp on aviation history Tuesday, unveiling the world's largest commercial jet and raising the stakes in its 35-year rivalry with Boeing Co.
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PARIS The battle between Boeing and Airbus, which has culminated in the filing of competing unfair trade cases over government aid to the world&#39;s two largest aircraft manufacturers, appears on the surface to be based on simple issues.
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An international trade dispute between Boeing Co. and Airbus SAS has begun affecting the politics of a multibillion-dollar competition to build the Air Force's next fleet of refueling tankers.
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The United States opened an aviation trade war over European subsidies to Airbus, scrapping a 12-year-old accord and filing a World Trade Organization complaint.
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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 Commission said Wednesday it will seek consultations with the United States at the World Trade Organisation in response to US action over state aid for the European aircraft maker Airbus.
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PARIS The battle between Boeing and Airbus escalated Wednesday when the United States and Europe filed competing unfair trade cases over government aid to the world&#39;s two largest aircraft manufacturers.
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European planemaker Airbus won approval from its shareholders on Friday to unleash a fresh marketing battle against arch-rival Boeing by seeking orders for a fuel-saving, wide-body jet to be called the A350.