Tag: Boeing

SPECIAL REPORT / Aircraft makers are increasingly turning to retired airplanes as a source of metals and other materials that can be recycled, possibly to fly again in new generations of aircraft.

Europe's two biggest aerospace companies will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger.

Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for aircraft deals and even Europe's crippling sovereign debt crisis.

The World Trade Organisation handed a report to US and EU officials on Monday (31 January), which industry sources said found that plane manufacturer Boeing received billions of dollars in unfair subsidies from the US government.

European aircraft manufacturer Airbus has lost $27 billion in revenues over the past three years, due to the United States' payment of "lavish" illegal subsidies to its own planemaker Boeing, EU lawyers have told the World Trade Organization.

The US plane-maker has told EurActiv of its plans to fly aircrafts on a 50% biofuels blend in a bid to reduce its carbon footprint. However, it says that it does not expect much from the inclusion of aviation in the EU's CO2-trading scheme.

In an interview with EurActiv, Ted Austell, Boeing’s vice-president of international trade policy, and Robert T. Novick, who represents Boeing in the WTO aircraft subsidy cases, explain why they are confident in the US' case against the EU regarding subsidies awarded to Airbus, while reassuring that this dispute will not be detrimental to transatlantic relations nor to the WTO as an institution.

The US dashed EU hopes of avoiding a full-blown dispute in the WTO about subsidies awarded to Airbus by presenting its first written arguments against the EU on 15 November 2006.

The US has rejected an offer by A350 manufacturer EADS to postpone launch aid throughout 2006 and says it will press on with its World Trade Organisation case.

After months of negotiations, the Bush administration has decided to reopen the case against the EU at the World Trade Organisation (WTO) over EU's illegal subsidies to Airbus.

Airbus has selected the US aerospace and defence parts supplier Goodrich Corporation to provide engine coverings and thrust reversers for its new A350 aircraft.

EU trade representative Pascal Lamy and and his US counterpart Robert Zoellick have exchanged strong comments after the two trading partners filed competing unfair trade cases to the WTO over state aid to Airbus and Boeing.