Boeing hopes to avoid US-EU trade war over subsidies
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WASHINGTON, Oct 11  - Boeing Co. chief executive Harry Stonecipher said Monday he hopes to avoid an all out US-EU trade war over aerospace subsidies, preferring an accord that fixes a limit on state aid.
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The European Union said Tuesday it will accept cuts in subsidies for Airbus Industries only if Washington reduces aid for its main trans-Atlantic competitor, Boeing Co.
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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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European Trade Commissioner Peter Mandelson will announce a development in the U.S.-EU dispute over subsidies to aircraft makers Airbus  and Boeing  Tuesday, his spokeswoman said.
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The European Union says if Washington will reduce aid to the Boeing Co., it&#39;s willing to accept cuts in subsidies for Airbus Industries.
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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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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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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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A top Boeing Co. official said on Friday he was optimistic the European Union would agree to end government aid to develop new aircraft, which has helped its chief rival Airbus grab more than half of the civil aircraft market.
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The United States said it will file  on Wednesday a World Trade Organization complaint over what it  called "unfair" European subsidies to aircraft manufacturer  Airbus, the European rival of U.S.-based Boeing.
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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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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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BRUSSELS: The European Union asked the US government on Friday to hold talks at the WTO on a trade row involving aviation giants Boeing and Airbus at the end of this month, an official said.
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European Union Trade Commissioner Peter Mandelson said Wednesday he remained open to negotiate an end to a trans-Atlantic standoff with the United States over subsidies for Airbus and Boeing.
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The United States and the European  Union faced off on Wednesday over billions of dollars in  subsidies for top aircraft manufacturers Airbus and Boeing, by  filing competing cases at the World Trade Organization.
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Business News, PARIS, The European Union and the United States have pledged further talks to avoid legal action in the trade dispute over government support for Airbus and Boeing, but insisted litigation remained an option.
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Sen. Sam Brownback, R-Kan., says if the European Union won&#39;t stop giving direct subsidies to Airbus to develop new aircraft, maybe the United States should look at direct subsidies for Boeing.