The International Monetary Fund has lowered its forecast for economic growth in the global economy as the trade conflict between the USA and China becomes a real threat. But the situation in Europe is not exactly rosy either. EURACTIV Germany’s media partner WirtschaftsWoche reports.
The US said on Wednesday (15 August) the EU and four of its planemaker states have failed to bring subsidies for Airbus into line with a World Trade Organisation (WTO) ruling of last May, an accusation refuted by the EU.
Airbus and Dassault Aviation have signed an initial agreement to cooperate on Europe's Future Air Combat System (FCAS) even though the two are rivals and have not yet said which one of them would lead the project.
Britain is considering setting up a satellite navigation system to rival the European Union's Galileo project amid a row over attempts to restrict Britain's access to sensitive security information after Brexit, the Financial Times reported.
E-mail exchanges between the European Commission and Airbus show how the European aircraft manufacturer was offered privileged access to the EU decision-making process, allowing it to write its own environmental rules, writes Andrew Murphy.
The European Union and Britain plan to put forward a joint proposal for reform of the terms of their World Trade Organisation (WTO) membership in September or October, an EU source said on Monday (17 July), as London negotiates to leave the EU.
The head of military aviation at UK defence contractor BAE Systems said on Friday (14 July) he did not feel threatened by Franco-German plans to develop a new European fighter and predicted Britain would end up participating in some way.
Austria wants to end its Eurofighter jet programme early and replace it with a cheaper alternative fleet of aircraft leased from another government, its defence minister said on Friday (7 July), amid a legal battle over the jets with Airbus.
Cyber threats to the aviation sector are rapidly becoming a major issue for airlines, aircraft manufacturers and authorities. But Europe is finding legacy problems and new challenges to address cyber risks for its air transportation systems.
France vowed on Monday (30 January) to defend Iran's nuclear deal, which US President Donald Trump has threatened to tear up, but said it was imperative Tehran abide strictly by the conditions of the accord.
Airbus is pushing the British government to opt for a "soft Brexit" in which Britain stays in the European Union's single market, its chief executive said on Sunday, warning that the future of the aerospace group's investments in the United Kingdom hinged on it.
The EU, and aircraft manufacturer Airbus, scored a significant victory on Monday (28 November) after the World Trade Organisation (WTO) ruled that the US government's financial assistance to Boeing is illegal.
The EU will require big foreign banks operating in Europe to set aside billions in reserve funds in a tit-for-tat move against the United States that could also affect post-Brexit Britain, according to a draft proposal seen by AFP.
The Obama administration said Monday (3 October) that it will press the World Trade Organisation to enforce a panel report that found the European Union guilty of maintaining illegal subsidies to Airbus.
The US and Boeing declared victory after the Word Trade Organisation concluded yesterday (22 September) that subsidies for aircraft maker Airbus were illegal. However, the US said it was "ready to negotiate" before slapping retaliatory duties.
British aviation businesses, large and small, are split over the consequences of Brexit run. But they do agree that divorce negotiations between the UK and the EU need to be quick in order to avoid further uncertainty.
The Qatari Minister of Transport, Jassim Saif Ahmed Al Sulaiti, will fly to Brussels on Tuesday (10 May) to reinvigorate talks on an aviation agreement with the European Union, which have been stalled for almost half a year.
The EU and Iran will discuss a horizontal agreement on air transport in the coming months, seen as a first step to bolster cooperation that could reduce the influence of United Arab Emirates and Qatar as hubs for long-haul flights.
Environmentalists criticised on Tuesday (9 February) the importance of new fuel efficiency measures agreed at international level, calling them "ineffective", due to the expected technological improvements in aircraft.
Europe and the United States tried to bridge differences over emissions standards for aircraft on Sunday (7 February) as global aviation leaders prepared to adopt new rules that could affect Boeing and the Airbus Group's production of the largest jetliners and cargo aircraft.