WTO Ruling Exposes Massive Airbus Advantage From Illegal Subsidies

A380

– Trade court rejects nearly 80% of EU claim of improper support for Boeing; finds no U.S. equivalent for billions in illegal European launch aid provided to Airbus
– Final rulings in U.S. and EU cases now public; findings show Airbus received more than $20 billion in impermissible funding versus $2.7 billion for Boeing.
– Boeing reiterates call for Airbus to fund A350 and other new programs on commercial terms, and remedy prohibited export subsidies on the A380

CHICAGO, March 31, 2011 /PRNewswire/ — A World Trade Organization final case ruling published today confirms the massive market advantage Airbus has enjoyed from billions in illegal government subsidies provided to fund the company’s commercial airplane product line since its inception more than 40 years ago.

Aerospace & Defence

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