EADS chief favors negotiated settlement in trade dispute over Boeing and Airbus subsidiesSeptember 9th, 2009 EADS chief calls for talks on WTO disputePARIS — The head of Airbus' parent company says the European jet maker did nothing wrong in a trade dispute with the U.S. over government subsidies, and called for a negotiated settlement with archrival Boeing Co.
Airplane trade ruling may seem outdated in age of government subsidies, bailouts, takeoversSeptember 5th, 2009 Airplane trade ruling comes in era of bailoutsWASHINGTON — The World Trade Organization's ruling that European loans for Airbus were illegal subsidies is being cheered by U.S. lawmakers loyal to the Boeing Co., even though the preliminary decision may seem outdated now that government subsidies, bailouts and takeovers are common.
World body says Boeing rival Airbus got illegal aid _ a trade victory for US aviation giantSeptember 4th, 2009 Trade win for Boeing _ rival Airbus got unfair aidWASHINGTON — In a victory for Boeing Co., the World Trade Organization sided with the American aviation giant Friday in finding that European countries had provided billions in illegal subsidies to chief competitor Airbus. The preliminary ruling by the Geneva-based WTO, although expected to be challenged by the European Union, could begin to shake up the $3.2 trillion global market in new jetliners, in which Airbus has overtaken Boeing.
WTO ruling on Airbus-Boeing dispute could start to loosen planemakers' lock on marketSeptember 3rd, 2009 Airbus-Boeing ruling could end up hurting bothWASHINGTON — However the World Trade Organization rules Friday on a trade dispute between Boeing and Airbus, its decision could help slowly loosen the grip the two plane makers have held on the lucrative market for commercial planes. On the surface, the WTO will decide a 5-year-old U.S.
WTO expected to rule Friday on long-running trade dispute between Airbus and BoeingSeptember 3rd, 2009 Ruling on Airbus-Boeing dispute expected FridayWASHINGTON — The World Trade Organization is expected to release a long-awaited decision Friday on whether Airbus received an unfair boost from billions of dollars in European government aid as it moved past Boeing to become the world's top producer of commercial airplanes. A decision by the WTO on one of the largest commercial trade disputes the global trade monitor has overseen will be released confidentially to trade representatives of the U.S.
Boeing, Airbus expect long-awaited WTO ruling in Round 1 of battle over airliner subsidiesSeptember 2nd, 2009 Ruling expected in long Boeing, Airbus disputeGENEVA — Boeing and Airbus expect to find out Friday who won the first round in their epic trade dispute, when the World Trade Organization rules on a five-year-old U.S. complaint that argues European governments unfairly financed Airbus' climb to world No.
GE in sale, leaseback deal with Air Berlin for 3 Airbus A320-200 aircraftAugust 25th, 2009 GE in sale, leaseback deal with Air BerlinSTAMFORD, Conn. — GE Capital Aviation Services, the aviation financing unit of General Electric Co., said Tuesday it has entered into a deal with Air Berlin for the sale and leaseback of three Airbus A320-200 aircraft.
Ethiopian Airlines signs memorandum of understanding for 12 Airbus A350 XWBsJuly 29th, 2009 Ethiopian Airlines aims to buy 12 Airbus A350 XWBsPARIS — Airbus says Ethiopian Airlines has signed a memorandum of understanding to buy 12 of its Airbus A350 XWB aircraft. The A350-900s have an average list price of $241 million, giving the deal an estimated potential value of $2.9 billion.
French market report clears two firms in insider trading probe over A380 delayJuly 28th, 2009 French report clears 2 firms in EADS insider probePARIS — A report that is part of an investigation by the Paris stock market regulator exonerates Lagardere SCA and Daimler AG of engaging in insider trading concerning the sale of EADS NV stock. Seven former or current executives of EADS and its Airbus subsidiary remain implicated in allegedly using advance knowledge of a delay in the Airbus 380 program to sell company stock before shares plunged, according to the report, which The Associated Press saw Tuesday.
US trade chief vows swift action if European states press ahead with launch aid on Airbus A350June 25th, 2009 US trade chief vows action on aid for Airbus jetPARIS — President Barack Obama's trade chief said Thursday that the U.S. will respond "quickly and swiftly" if European nations agree to subsidize the Airbus A350 jet program.
7 European defense ministers gathered in Spain postpone Airbus A400M decisionJune 22nd, 2009 Europe postpones Airbus A400M decisionMADRID — Defense ministers from seven European nations participating in a project to build the troubled A400M military transport plane have agreed to postpone a decision on its future for a month, officials said Monday. Participating governments have given themselves until the end of July to decide a negotiating strategy on who is to foot the bill for delivery delays with manufacturer, Airbus Military, Spanish Defense Ministry official Constantino Mendez said.
Airbus gets order for 50 jets with budget carrier Wizz AirJune 18th, 2009 Airbus signs order for 50 jets with Wizz AirLE BOURGET, France — Airbus says it has signed a memorandum of understanding with Central and Eastern European low-cost carrier Wizz Air for the sale of 50 A320 single aisle jets. The deal is expected to become a firm order shortly, Airbus' John Leahy said at a press briefing Thursday.
US defense companies woo buyers at Paris Air Show as commercial jet sales lagJune 17th, 2009 US defense companies woo buyers at Paris Air ShowLE BOURGET, France — American defense contractors elbowed into the troubled market for European military transport planes at the Paris Air Show on Wednesday amid scarce orders for commercial planes for rivals Airbus and Boeing. Plunging passenger numbers and tight credit have scaled back business at the world's biggest air show this year, which has also been haunted by unresolved questions about the crash of Air France Flight 447.
Boeing gets order for 2 737-800 jets from MC Aviation PartnersJune 17th, 2009 Boeing gets first Paris Air Show orderLE BOURGET, France — Boeing Co. says it has won an order for two of its updated 737-800 jets from aircraft leasing company MC Aviation Partners, the U.S.
Vietnam Airlines, Philippines' Cebu Pacific order total of 21 jets in Airbus A320 familyJune 16th, 2009 Vietnam Airlines orders 16 Airbus A320 jetsLE BOURGET, France — Airbus announced two firm orders from Vietnam Airlines and Philippines low-cost airline Cebu Pacific worth $1.8 billion on Tuesday, giving the European airline a boost at the Paris Air Show, which is overshadowed by recession and a slumping industry. Airbus said Vietnam Airlines has ordered 16 Airbus A321 single-aisle jets worth $1.4 billion and pledged to buy two more A350-XWB planes.
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