01-Feb-2011 4:15 PM
Airbus and Boeing weigh in on ‘confidential’ WTO decision; EADS shares down and Boeing up
Analysis
The WTO has handed down its final decision on DS 353: the case brought by the EU against US government subsidies to Boeing. As usual with "confidential" rulings, both sides have immediately commented on the decision, despite the fact that the formal report is not due to be made public for weeks. With WTO rulings inherently highly complex, Airbus and Boeing have claimed victory. On the markets shares in EADS slipped 2.8%, while Boeing shares gained 0.4%.
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