Boeing Calls WTO Ruling a Landmark Decision and Sweeping Legal Victory

A33020MRTT 1

Airbus civil and military aircraft judged to be illegally funded

CHICAGO, June 30 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) today praised the World Trade Organization’s final ruling that billions of dollars in European launch aid subsidies used by Airbus to develop its commercial airplanes are illegal and must end. The decision, which the WTO made public earlier today, also declares that a broad array of government funding for Airbus research and infrastructure development violated international trade agreements.

Aerospace & Defence

Firetrench Directory

Leave a Reply