Fueling The Fire: France Weighs A350 Subsidies | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.08.24

Airborne-NextGen-07.09.24

Airborne-Unlimited-07.10.24 HOLIDAY

Airborne-AffordableFlyers-07.05.24

Wed, Apr 13, 2005

Fueling The Fire: France Weighs A350 Subsidies

Approval Could Trigger WTO Suit

French officials say they've received Airbus's application for an estimated $1.6 billion in refundable grants to develop its competitor to the Boeing 787 -- the A350. That could very well trigger lawyers who are waiting in the wings at the Word Trade Organization, ready to file the biggest trade suit that entity has ever seen.

"We have received an application from Airbus for support for the A350 in the form of refundable launch aid," French Foreign Ministry spokesman Jean-Baptiste Mattei told reporters in Paris. The application, he said, is "being examined in accordance with the usual procedures."

In Washington, the Bush administration -- prompted by Boeing -- says approval of launch aid for the Airbus A350 will indeed trigger a huge WTO lawsuit. The US contends launch aid to Airbus is hurting competition. Airbus has, for the past two years, led the world in commercial aircraft sales, taking the lead from Boeing. The Chicago-based aerospace giant says such would not be the case if the playing ground was level and Airbus didn't have government help to fall back on.

Europeans, on the other hand, have said Boeing gets even more government help than Airbus -- that coming in the form of tax breaks and incentive packages put forth by local governments trying to attract new Boeing manufacturing facilities.

There's no timetable for the French government decision on aid to Airbus.

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

Advertisement

More News

ANN's Daily Aero-Term (07.09.24): Mach Technique [ICAO]

Mach Technique [ICAO] Describes a control technique used by air traffic control whereby turbojet aircraft operating successively along suitable routes are cleared to maintain appro>[...]

Aero-News: Quote of the Day (07.09.24)

“Test pilot Ed Vesley reported no significant issues throughout the one-hour flight. We'll now continue to fly the PT-19 for a few more hours to break in the engine, and then>[...]

Airborne 07.03.24: Gunfighter P51/Doc B-29, OSH Fun Fly Zone, 737 Buyback

Also: MD Heli Changes, Falcon 9 Record, NAFI HoF Inductees, iFly EFB - Autopilot The B-29 Doc’s History Restored Tour will be in Columbia, Missouri, for a brief four-day stop>[...]

Airborne-NextGen 07.09.24: Skyryse One, AFS SPRINT, AAL Low-Carbon

Also: GE Hybrid Electric Engine, Simulated Mars Mission, Drone Exhibition, Shell Steps Back From SAF Skyryse, designer and developer of the One, has announced their first public ex>[...]

Airborne 07.08.24: Polaris Dawn!, RCAF at Osh, “That’s All, Brother”

Also: Eco Aero-Vandalism, Simulated Mars, KC-46A Pegasus Record, USAF Warrant Officers Polaris Dawn is the first of the Polaris Program, a series of three planned space missions al>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC