Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Business

Boeing Boosted by Ruling Throwing Out EU Claim of State Aid 

Monday's ruling found that none of the tax incentives provided by Washington state to Boeing were illegal

A Boeing Co. 777 airplane is shown on the assembly line, Monday, June 12, 2017, in Everett, Washington, photo: AP/Ted S. Warren
2 weeks ago

GENEVA – Boeing notched a key victory in a years-long legal case against its European rival, Airbus, after an international body rejected the European Union’s claims that Washington state was giving Boeing illegal tax incentives.

Chicago-based Boeing Co. trumpeted a “resounding defeat” for the EU in the dispute, one of three involving the company against Airbus. Boeing also insisted the European bloc faces a rising risk of sanctions “as Airbus continues to ignore rulings against its illegal practices.”

Monday’s decision by the World Trade Organization’s (WTO) appellate body reverses a ruling by a lower WTO panel in November that said that Washington state — which is home to much of Boeing’s plane manufacturing operations — had provided prohibited subsidies through a tax incentive for production of the Boeing 777X.


The panel also called on the U.S. government to take action to end the support. The U.S. had appealed the panel’s decision in December.

Monday’s ruling, which is final, found that none of the tax incentives provided by Washington state were illegal. The decision now goes to the WTO’s dispute settlement body for formal adoption within 20 days.

“The WTO has rejected yet another of the baseless claims the EU has made as it attempts to divert attention from the $22 billion of subsidies European governments have provided to Airbus and that the WTO has found to be illegal,” Boeing general counsel Michael Luttig said in a statement.

“This was a sweeping and clean win for the United States,” he said.


Airbus, for its part, turned its attention to one of the other outstanding disputes involving the two rivals, insisting that WTO has ruled in a separate case that Boeing is receiving subsidies that are “illegal and actionable” and “causing massive harm to Airbus.”

“The ‘game’ is far from over,” said Rainer Ohler, Airbus’ executive vice president for communications.

Comments Whatsapp Twitter Facebook Share
More From The News
Mexico

Mexico Quake Rescuers Race to Free Girl, ...

6 hours ago
World

Battle against I.S. in Raqqa is in 'Fina ...

7 hours ago
Mexico

Soft Soil Makes Mexico City Shake Like i ...

7 hours ago
Mexico

Mexican Red Cross Providing Assistance f ...

9 hours ago
Most Popular

7.1 Magnitude Quake Kills 139 as Buildui ...

By The Associated Press
Mexico

Peruvian Envoy Touts Ties with Mexico du ...

By Thérèse Margolis
Mexico

Rescuers Continue Hope of Rescuing More ...

By Notimex
Mexico

Mexico Quake Rescuers Race to Free Girl, ...

By The Associated Press
Mexico

A Day for Mothers

By Thérèse Margolis
Living