Airbus, EU Say Plane Subsidies Are Over; U.S. Disagrees
The U.S. and European Union clashed anew in an enormous plane subsidy dispute when Washington rejected Airbus SE’s declare that it had glad World Commerce Group calls for with a brand new European mortgage settlement.
The European airplane maker on Tuesday stated it altered the phrases of its loans for the A380 superjumbo airplane and A350 long-range jet with France, Germany, Spain and the U.Ok. after the WTO dominated final week they represented an unlawful subsidy that harmed its U.S.-based rival Boeing Co. Airbus stated the European Union had…
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