New stage in the battle between Airbus and Boeing at the World Trade Organization (WTO). The WTO should make public today its decision on state aid received by Airbus as a result of a complaint filed by U.S. rival in 2004. She had already published September 4 last first report of 1 000 pages, weighed 10 000 pages of appendices on the subject.
The new document will be submitted to the European Commission and the U.S. Administration should resume the main conclusions of the September. According to one expert dossier "gave the first report due to 30% for Boeing and Airbus to 70%.
No refund
Boeing criticizes the system of repayable advances granted by Germany, France, England and Spain to Airbus by saying he does not respect international trade rules.The advances are repayable loans granted by the States. According to Boeing, Airbus can borrow money at rates lower than market. He also challenged other aid. It has, for example, estimated that widening roads in the region of Toulouse to help build the A380 was a form of disguised subsidies. The WTO did not accept the latter charge.
Following the WTO ruling, the European Union will enter the court of the WTO Appellate no fax cash loans . For its part, Airbus has also filed a complaint against Boeing in the WTO. According to experts from European aircraft manufacturer, the Boeing would have earned 14 billion of public subsidies paid by American States, NASA and the Pentagon over the period 1992-2005. The WTO will review its aid U.S. in June.The case is particularly complex, should know its epilogue in 2013. Whatever it is, the final decision will have no retroactive effect. Neither Airbus nor Boeing will not refund overpayments if convicted. It will simply change the system in place for the future.
Faced with this situation, Airbus proposes that Europe and the United States sit "at the negotiating table to discuss a system that satisfies everyone," said Tuesday the communications director of Airbus .The flattening of support systems in Europe and the United States would avoid that "we pulled our eyes while many competitors argue, particularly from Japan, an ally of Boeing and China.
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