Air Transport World

Deja vu as US, EU clash on subsidies.

The decision by the US government to renounce the 1992 US-EU Agreement on Large Civil Aircraft and file a claim with the World Trade Organization alleging that Airbus has received "billions of dollars in unfair subsidies by European governments" reignites an issue that largely had lain dormant during the past 12 years, a period that saw Boeing gradually overtaken by the European plane-maker in terms both of aircraft orders and deliveries.

US Trade Representative Robert B. Zoellick made just that point as he argued that Airbus's tremendous success means that launch aid is a relic of a bygone era.

"Since its creation 35 years ago, some Europeans have justified subsidies to Airbus as necessary to support an 'infant' industry. …

Log in to your account to read this article – and millions more.