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EU: it's favourable to reconsider the 1992 agreements about state aid for Airbus and Boeing

Brussels, Belgium - Bush threatens now to bring case in front of the WTO

Yesterday the European Union said that it would alter the 1992 agreement with US, in which is defined how much state aid can be handed out to aircraft makers firms Airbus and Boeing (see news AVIONEWS). The European Commission said, however, that talks between the parties must underline two points: direct support, which the European governments would hand out to Airbus by loans, and indirect support,...

AVIONEWS - World Aeronautical Press Agency - 101833

AVIONEWS - World Aeronautical Press Agency
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