Air Transport World

EU, US to negotiate pact on aircraft subsidies.(Brief Article)

The European Union and US reached agreement last month to resolve their dispute over government subsidies to Airbus and Boeing through negotiations rather than submitting the disagreement to the World Trade Organization. According to the EU and US, the purpose of the negotiations is "to eliminate different types of subsidies and to establish fair market-based competition between Boeing and Airbus."

The negotiations are expected to last three months, and during that time the parties have agreed not to give any subsidies to the companies for the development or production of large commercial aircraft. …

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