22-Jul-2009 12:05 PM
WTO ruling on Airbus subsidies forecast by August, according to Boeing – Suppliers Share Wrap
Analysis
The ongoing World Trade Organization case brought by the US against the EU over launch aid for Airbus could see a preliminary ruling as early as the end of August this year, according to Boeing. The US challenges that EU Member State co-financing of development of new Airbus aircraft, known as "reimbursable launch investment", violates WTO rules and represent an illegal subsidy.
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