The World Trade Organization (WTO) said today that it had upheld for the most part a ruling that Boeing received billions of dollars of subsidies to compete with Europe’s Airbus, as both sides once again claimed victory in the long-running trade row. The subsidies included at least $2.6 billion in assistance from US space agency NASA, which the WTO’s appellate body agreed had allowed Boeing to launch the 787, causing what it described as “serious prejudice” to its European rival. The ruling is the latest step in a seven-year dispute involving mutual claims of aid for the world’s dominant OEMs

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In