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On 12 March 2012, the appellate body of the WTO released its findings confirming the illegality of subsidies to Boeing whilst confirming the legality of repayable loans made to Airbus. The WTO stated that Boeing had received at least $5.3 billion in illegal cash subsidies at an estimated cost to Airbus of $45 billion.
The United States and EU accuse each other of paying billions of dollars in subsidies to Boeing and European planemaker Airbus in a pair of cases dating back to 2004. ... dollars in subsidies to ...
The dispute ended after the EU threatened to impose 15% tariffs on U.S. aircraft for similar subsidies to Boeing. There are some parallels with the EU’s current probe into Chinese automakers ...
Losses to Boeing’s suppliers total $900 million in the first four weeks, while non-Boeing Seattle workers impacted by the strike have seen losses of $102 million.
If Airbus, Bombardier and maybe others can rely on government subsidies, its managers think Boeing could lose its ability to innovate and price its products competitively, thus jeopardizing its long-term survival. [47] Unexpectedly, Boeing action could increase manufacturers concentration and reinforce itself and Airbus market power. [48]
All airline tickets cost at least 40 euros in total. [9] This ended the practice of selling tickets as cheap as 10 euros (for example by Ryanair's Austrian subsidiary Lauda, which offered 100,000 tickets for 9.99 euros in 2019; other such cheap airlines in Austria include EasyJet and Wizz Air) in order to discourage flying in general. [11]
The strike has cost Boeing’s suppliers an estimated $144 million, according to Anderson, while non-Boeing workers in the Seattle area are down a projected $25 million. ... The Today Show.
CBC reported on one [20] of the six [18] illegal Canadian subsidies in late 2001 [20] months prior to the actual ruling. While dismissing some of Brazil's claims that Canadian aircraft financing deals were illegal subsidy events, the 2002 ruling did: "(e) uphold Brazil's claim that the EDC Canada Account financing to Air Wisconsin constitutes a ...