The World Trade Organization’s Appellate Body issued a ruling today that Airbus characterized as a “sweeping loss” for Boeing in the long-running dispute between the U.S. and EU over illegal government subsidies to their respective largest aerospace companies.
Two Kansas lawmakers have asked the chairman of the powerful House Ways and Means Committee to request that the U.S. International Trade Commission investigate the global competitiveness of the U.S. business jet industry.
The World Trade Organization (WTO) any day now plans to issue an interim ruling on U.S. allegations over unfair subsidies made by European governments to Airbus.
The Republican-led House appropriations subcommittee on transportation, treasury and independent agencies last month approved a new transportation spending bill that would slash Essential Air Service subsidies from their current $113 million to $41.5 million. Sponsored by subcommittee chairman Rep.
“We cannot compete with na-tional treasuries,” Gulfstream Aerospace president Bryan Moss testified at a May House aviation subcommittee hearing on foreign govern-ment subsidies for their civil aircraft manufacturers. He urged lawmakers to include all aircraft–not just large commercial aircraft–in any efforts to eliminate such subsidies.