Boeing, Airbus competition escalates into trade war
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A decades-long struggle between the world's two largest aircraft makers escalated into a trade war between the United States and Europe, just as France-based Airbus stepped up plans to challenge Boeing for lucrative US defense contracts.
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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.
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Fierce competition between giant aircraft makers, Boeing and Airbus, has been heating up. The US government and the European Union have both stepped in to boost their prospects.
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WASHINGTON - A decades-long struggle between the world&#39;s two largest aircraftmakers escalated into a new trade war between the United States and Europe.
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US aerospace giant Boeing warned Thursday against new European government support to rival Airbus and its A350 jet, calling any such aid "a display of contempt" while the matter is being heard at the WTO.
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The transatlantic dispute over state aid for rivals Airbus and Boeing, the worldâs two biggest aircraft makers, is set to drag on beyond Novemberâs US presidential elections after US and European Union negotiators yesterday failed to make headway.
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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.
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CHICAGO  - Boeing Co. CEO Harry Stonecipher stepped up his attack on subsidies for Airbus on the eve of a U.S.-European Union trade meeting, calling on European governments Wednesday to stop giving its rival "truckloads" of cash for new airplane programs.
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SAN FRANCISCO (CBS.MW) - Escalating a long simmering spat, the United States filed a World Trade Organization compliant Wednesday, seeking to end European subsidies to Airbus, Boeing&#39;s top rival in making airplanes.
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European aircraft maker Airbus on  Thursday criticized a U.S. move to take a fight about subsidies  to the World Trade Organization (WTO), saying it showed its  rival's unwillingness to address its own subsidies.
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French President Jacques Chirac's trip this week to Beijing will bring into sharp focus the battle between the world's biggest aircraft makers, Europe's Airbus and Boeing of the United States, for the prized ...
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The head of Airbus accused U.S. rival Boeing of leading a "campaign of untruths" against the European aircraft maker, and gave the clearest sign yet that Airbus plans to develop a new rival to the Boeing 7E7.
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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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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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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.