U.S. files WTO claims against Airbus funding
- Share via
The U.S. set out its claims that European government spending on Airbus to develop new planes is illegal, fixing for the first time a deadline for a World Trade Organization decision on the fight with Boeing Co.
The U.S. says Airbus, the world’s biggest maker of commercial aircraft, has benefited from risk-free grants worth $23 billion over the last four decades.
In September 2004, the U.S. asked WTO judges to find that the financing violated global subsidy rules. An initial, confidential decision in the case is scheduled for next September.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
