Airbus, Boeing set for talks in subsidy dispute
Afp, Geneva
Airbus and Boeing, the world's two largest plane makers, said Friday they were prepared to hold talks on subsidy disputes filed before the World Trade Organization more than two years ago. "It is a pity that Boeing chose the path of litigation. We are ready to negotiate at any time, but it takes two to tango," Airbus' director of European affairs Geoffrey Shuman told reporters in Geneva. He spoke following meetings of a WTO panel set up to hear US charges of European financial aide to Airbus that could in principle lead to a ruling in December. "The US say they are ready to negotiate but they tell us we first have to unilaterally give up reimbursable launch investment without any similar concession on their sides," he added. "We could not support the EU entering a negotiation on that basis."
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