EU backs Airbus in Boeing spat
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BRUSSELS/BANGKOK  - 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 US aircraft manufacturer Boeing voiced optimism its row with European reval Airbus over government subsidies would be resolved in US-European Union negotiations.
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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  - Highlighting a more conciliatory mood since President Bush was re-elected, the United States and the European Union agreed Tuesday to try to settle amicably a decades-old trade dispute over billions of dollars in subsidies to aircraft makers Airbus and 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 US aircraft manufacturer Boeing voiced optimism its row with European reval Airbus over government subsidies would be resolved through US-European Union negotiations.
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NEW YORK, October 6  - The US and European Union (EU) have filed counter-complaints with the World Trade Organization (WTO), alleging that government aids to the aircraft companies, Airbus and Boeing (BA.
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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 European Union's head office said Thursday member state Italy could find itself in the middle of a trans-Atlantic Boeing-Airbus dispute because of a state-owned company's involvement with the U.S. aircraft producer.
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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 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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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.
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds (2.8 billion euros, 3.6 billion dollars).
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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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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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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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Highlighting a more conciliatory mood since President Bush was re-elected, the United States and the European Union agreed Tuesday to try to amicably settle the decades-old trade dispute over billions of dollars in subsidies to aircraft makers Airbus and Boeing.