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Airbus to comply with WTO subsidy ruling
Airbus has said it will comply with a World Trade Organisation ruling over state aid it received to help design and build airliners, while bitter rival Boeing warned the U.S. could seek retaliation.
May 22, 2018 By The Telegraph
The pan-European aerospace company, along with the U.K., France, Germany and Spain, has agreed to “amendments” on so-called “reimbursable launch investment”.
Last week the WTO ruled that these payments – used to fund work and facilities for new airliners – were banned in a final judgment on a 14-year case brought by the U.S. on behalf of Boeing. | READ MORE
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