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Wed, Dec 13, 2006

Aero-News: Quote of the Day (12.13.06)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"It has been clear that the US definition of a negotiation is one that sees the total elimination of launch investment on the Airbus side, but continuation of healthy subsidies for Boeing on their side."

Source: Peter Mandelson, chief trade negotiator for the European Union in the continuing battle over subsidies before the World Trade Organization. There may be a "window" of opportunity in the long-running dispute over development aid for Airbus and Boeing aircraft, however. In fact, a top US trade official says an agreement on the contentious issue may occur as soon as the end of next summer. Based on Mandelson's comments, however... that window may not be open as far as the US might think.

FMI: www.airbus.com, www.boeing.com, www.wto.org

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