Both Agree To Stop Subsidizing Aircraft Manufacturers
"We need open warfare like we need a hole in the head."
Those words from EU Trade Commissioner Peter Mandelson signaled a
break in the rising tensions between the continents over subsidies
granted Airbus and Boeing. Both the EU and the US have agreed to at
least try to settle their rancorous dispute over their allegations,
where billions of dollars are at stake. The agreement is also
another sign of a possible thaw in relations between America and
Europe.
Boeing has completed the first full-scale composite one-piece
fuselage section for its new 7E7 Dreamliner program, demonstrating
concepts for 7E7 production that begins next year.
Boeing and Emirates Tuesday said the Dubai-based airline is
ordering 30 Boeing Electronic Flight Bags for its 777-300ER
(Extended Range) airplanes, making the airline the largest customer
for that Boeing-supplied system.
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