U.S., Europe clash over impact of WTO ruling

07/1/2010 | Air Transport World · AviationWeek.com

In a complicated ruling, the World Trade Organization on Wednesday allowed both the U.S. and Europe to claim victory in a long-running dispute over state subsidies for developing the Airbus A380. The WTO's final report found that Airbus had received "prohibited export subsidies" for the superjumbo but that the subsidies did not cause "injury" to rival Boeing Co. Even without a finding of injury, Boeing claimed a "sweeping legal victory" and called on Airbus to "repay the $4 billion in illegal launch aid it received for the A380." The European Commission emphasized the finding that there was no "damage to Boeing's pricing or profitability" and called for a negotiated settlement.

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Air Transport World · AviationWeek.com

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