Airbus seeks end to squabbling with Boeing after WTO ruling

In a final decision Monday, the World Trade Organisation ordered the United States to end subsidies and tax breaks for aviation giant Boeing, ruling that such policies resulted in "significant lost sales" for rival European plane manufacturer Airbus.

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The World Trade Organisation is set to make its latest ruling in a battle between planemaking giants Boeing and Airbus.

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.

Financing for Airbus’ next-generation passenger airliner has been thrown into doubt by a World Trade Organisation ruling that the company’s A380 super jumbo jet received illegal export subsidies from European governments