Airbus seeks end to squabbling with Boeing after WTO ruling

PARIS/GENEVA (Reuters) - The World Trade Organization has reversed a ruling that Boeing (BA.N) received prohibited support for its newest aircraft, dealing a blow to the European Union in its long-running row with the United States over subsidies.

PARIS/GENEVA (Reuters) - The World Trade Organization has reversed a ruling that Boeing received prohibited support for its newest aircraft, dealing a blow to the European Union in its long-running row with the United States over subsidies.

PARIS/GENEVA (Reuters) - A long-running transatlantic trade dispute over illegal state handouts for Airbus and Boeing comes to a head Thursday with the latest ruling from the World Trade Organization.

Reuters - A long-running transatlantic trade dispute over illegal state handouts for Airbus and Boeing comes to a head Thursday with the latest ruling from the World Trade Organization.

European aerospace giant Airbus expects the World Trade Organisation to rule that US rival Boeing received billions of dollars in illegal subsidies, a spokeswoman said on Monday.Wednesday's interim WTO panel report could herald a negotiated settlement to the long-running dispute between the two companies over multi-billion-dollar government subsidies, with both sides filing rival complaints with the WTO.

BRASILIA/SAO PAULO — Brazil opened a formal complaint against Canada at the World Trade Organization (WTO) on Wednesday, accusing the country of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc. Brazil has threatened for months to open the WTO process, arguing that support for Bombardier’s new CSeries was undercutting the market for commercial jets made by Brazilian rival Embraer SA.

European aircraft maker Airbus received state subsidies that hurt U.S. rival Boeing Inc., but not all of them were illegal under international rules, the World Trade Organization said Wednesday.