Thu, Jan 17, 2008
Subsidies Battle With Airbus Will Go The Distance
Boeing's law firm says it does not expect a negotiated
settlement between the United States and the European Union before
opposing government subsidy complaints make it through the World
Boeing and Airbus have each charged the other with benefitting
from government subsidies which violate free trade agreements.
Airbus says Boeing's research for the Defense Department is a
subsidy; Boeing says it's simply delivering services to the
government under contract.
Airbus also complains tax incentives given Boeing to locate or
retain plants and jobs in Illinois, Kansas and Washington amount to
government subsidies, and that government aid to Boeing cost Airbus
$27 billion between 2004 and 2006.
Boeing counters that Airbus has been given so-called government
loans it was not required to pay back, the equivalent of receiving
a total of $205-billion from EU governments.
The WTO hears only cases brought by member governments -- so
officially, this matter is between the US and EU. Both Boeing and
Airbus parent EADS have said they'd like to settle the dispute, but
it's out of their hands.
Thomson Financial cites a report from the French Press Agency,
which in turn says it was told by Robert Novick, a lawyer from
Boeing's Washington law firm, WilmerHale, "I would be surprised
that we see a negotiated settlement before the ruling against
Airbus is issued."
A new round of hearings began on Tuesday at the WTO headquarters
on the EU's complaint. A ruling from the WTO is expected this fall,
six months after the Boeing case is resolved. Both complaints were
filed in 2004.
Stormbirds A confederation of Luftwaffe-related web sites, providing reference-grade coverage of the Messerschmidt 262 and other advanced combat aircraft of the Third Reich.>[...]
A safety alert issued by ATC to aircraft under their control if ATC is aware the aircraft is at an altitude which, in the controller's judgment, places the aircraft in unsafe proxi>[...]
"You have a huge job ahead of you. The challenges are many and the solutions are hard." Source: Senate Commerce Committee Chair Jay Rockefeller (D-WV).>[...]
Get A Customized ANN News Portal For YOUR Website! As we promised, the ever-so-busy software geeks at ANN have been working overtime on a number of cool new tools and toys... and t>[...]
Effort To Raise Funds And Awareness For The Special Operations Warrior Foundation A group of Airmen with the Air Force Seven Summits team reached the highest point of the world, Mo>[...]