Investment & Business News Headlines

WTO Rule In Favour Of Airbus

Yesterday the WTO (World Trade Organisation) announced that it had ruled in favour of Airbus against Boeing receiving unfair government subsidies for its 787 Dreamliner. Over the past few decades Boeing has received about $5bn (£3.1bn) in indirect subsidies which according to Airbus cost it $45bn in sales. In response to the findings Boeing said it would have made the 787 Dreamliner with or without the subsidies.

The US Trade Department reacted by saying that the report would actually confirm that “European subsidies to Airbus dwarf any subsidies that...Read More

WTO Rule In Favour Of Airbus

Yesterday the WTO (World Trade Organisation) announced that it had ruled in favour of Airbus against Boeing receiving unfair government subsidies for its 787 Dreamliner. Over the past few decades Boeing has received about $5bn (£3.1bn) in indirect subsidies which according to Airbus cost it $45bn in sales. ...Read More

Posted Feb 01, 2011

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