No End In Sight For Boeing, Airbus Dispute: EU Official

Law360, New York (November 14, 2007, 12:00 AM EST) -- Rival aircraft manufacturers Boeing Co. and Airbus continue to butt heads over government funding, and the feud may stretch another two years, according to a European Union official.

EU Trade Commissioner Peter Mandelson told the European Parliament on Tuesday that Boeing had rejected Airbus' latest attempts at reconciliation, making a resolution of the debate largely impossible in the short term.

“Only a few weeks ago, Boeing publicly rejected Airbus' latest olive branch,” Mandelson said in a statement. “We are therefore skeptical whether this dispute can be...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.