Airbus and Boeing differ on the conclusions of a report by the WTO
According to Airbus, the final WTO report confirms massive subsidies granted to Boeing. The U.S., by contrast, talk about a great victory for the American aircraft manufacturer in this case. Airbus delivered 534 aircraft in 2011, a record.
The European aircraft manufacturer Airbus said Monday that the Appellate Body of the World Trade Organization (WTO) confirmed and extended the same sentence on subsidies granted to U.S. rival Boeing. "The report of the Appellate Body confirms and expands the scope of the conviction by the WTO on massive subsidies granted to Boeing illegal," he said in a statement Airbus (EADS), which still considers its commercial harm to $ 45 billion.
Airbus issued this statement even before the official announcement of the decision of the Appellate Body of the WTO. In this case, the judges of the WTO had estimated March 31, 2011 at trial that some of these U.S. aid constituted subsidies inconsistent with global trade rules. The judges then had amounted to "at least $ 5.3 billion" for the period 1989-2006.
"This report confirms the existence of illegal subsidies paid by the U.S. to Boeing," said the manufacturer according to which grants "a few billion dollars resulting from today's decision" is in addition to " at least $ 5.3 billion "subsidy initially estimated. Airbus estimates that the Appellate Body rejected "almost 90% points of the appeal filed by the U.S. against the earlier findings of the WTO and validates all of the call of the European Union ".
The U.S. response was not long in coming. According to a statement the U.S., the WTO ruled that the aircraft manufacturer Boeing had received four to six times less public subsidy than its European rival Airbus. The U.S. Trade Representative Ron Kirk exterior even boasts a "great victory" in the WTO, stating that "comparable figures", the Geneva organization had identified only "three to four billion dollars" of illegal subsidies of American States United, against $ 18 billion in illegal subsidies from the European Union.
According to the U.S., EU subsidies have cost the equivalent of 342 aircraft orders to Boeing, while conversely the U.S. subsidies have lost the equivalent than "a little over 100 "aircraft orders to Airbus.
"The view of the United States has prevailed," welcomed Mr. Kirk. "It is now clear that European subsidies to Airbus are much more important – and it amounts in multiples – and caused much distortion that may have done everything the United States for Boeing," has he added. "This decision is a victory for the great industrial and American workers," said Mr. Kirk.
However, Washington has also, communicated before the WTO itself does not make public its judgment on appeal. This is expected later Monday.