WTO Finds EU Airbus Loans Contained Subsidies

Law360, New York (March 23, 2010, 4:13 PM EDT) -- The World Trade Organization has determined that Airbus SAS received improper subsidies from European governments, heating up the long-running, multibillion-dollar dispute between Airbus and The Boeing Co. over alleged subsidies from their respective domestic governments.

The WTO panel investigating the matter found that past loans to the company contained “a certain element of subsidy, a finding we will study,” Airbus said in a statement on Tuesday announcing the WTO's decision.

“Airbus, the European Union and the member states will closely analyze today's ruling in advance of...
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