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WTO condemns Airbus subsidies

Authors :
Miller, John W.
Michaels, Daniel
Source :
Wall Street Journal. Europe. July 1, 2010, A17
Publication Year :
2010

Abstract

The World Trade Organization has ruled that $20 billion in loans given by the European Union to aircraft maker Airbus to develop six passenger jet models were illegal export subsidies. The European Aeronautic Defence & Space Co. - Airbus's parent company - may be forced to repay some of the loans or risk higher tariffs in the U.S. on imports from Europe.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.230945657