The WTO partially overturned a ruling that had accused EU states of giving Airbus illegal subsidies, but said the aircraft maker did receive billions of dollars of unfair aid that harmed Boeing.
The World Trade Organisation (WTO) yesterday dismissed a number of claims made against European aerospace giant Airbus that the EU subsidies it has received for construction of the A380 aircraft are unlawful. Airbus’s chief competitor, Boeing, has been the driving force behind these claims which are a key part of a saga of rivalry between…
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