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, Wash. (AP Photo/Ted S. Warren), photo: AP/Ted S. Warren
04 of September 2017 13:02:27
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.