Chinese rival casts shadow over Boeing and Airbus dispute
The latest bout between Airbus and Boeing, the heavyweights of aircraft manufacturing, over who is cheating most over state subsidies will be settled later today by the World Trade Organisation. However, senior aviation industry figures fear that more than a decade of wrangling between the two has left them exposed to an emerging rival from China.
Boeing has been in an ill-tempered series of disputes with Airbus since 2004. The American group has accused its European rival of taking illegal national state subsidies from Britain, Germany and France, where its aircraft are built, while Airbus has countered that US government support via grants from Nasa, R&D support and state subsidies are equally illegal.
Today the WTO will rule on a dispute concerning Washington state support…