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The $8.7bn over 40 years incentive to Boeing to manufacture the 777X in the state includes $4.2bn from a 40% reduction in business taxes, £3.5bn in tax credits for the firm, a $562m tax credit on property and buildings belonging to Boeing, a $242m sales tax exemption for buying computers and $8m to train 1000 workers, [160] Airbus alleges this ...
The 15% that Boeing spends includes all costs, from the raw materials to operating the factories to the labor. So, paying the 33,000 production workers amounts to just a low single-digit ...
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.
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.
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]
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]
Boeing's quality issues and Airbus' supply chain problems have created a global jet shortage. American Airlines cut routes amid delayed 787s, while Ryanair lowered its capacity outlook for 2025.
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 ...