EU appeals WTO Airbus ruling
The European Union is appealing against the World Trade Organisation ruling that aircraft maker Airbus received illegal state subsidies.
The watchdog's decision in June was the result of a complaint lodged by US rival Boeing, and is just the latest in a series of complaints and counter-complaints by the two companies over the state assistance vital to the economics of developing new aircraft. The WTO is set to rule in mid-September on claims against Boeing by Airbus.
The latest EU challenge covers several points, including the ruling that launch aid is an export subsidy. "This dispute is too important to allow the legal misinterpretations of the panel to go unchallenged," EU trade commissioner Karel de Gucht said.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies