Airbus Reports Full European Implementation of WTO Findings
- Full implementation of the few remaining recommendations and rulings following EU success on WTO appeal in May 2011
- Airbus and its government partners committed to WTO compliance
- Airbus looks to Boeing to live up to previous rhetoric on WTO compliance next year
"We only needed to make limited changes in European policies and practices to comply with the Appellate Body's report; we did what we needed to do and we did it in the agreed timeframe," said Rainer Ohler, Airbus' Head of Public Affairs and Communications. "Today, we call on the US and Boeing to do the same next year. We realize that this will mean substantial sacrifice for Boeing due to the far broader scope and scale of WTO findings of US subsidy to Boeing".
Global Commercial Airframe Component Market 2016-2020
Following a review with independent experts of what obligations resulted from the WTO's ruling, Europe has adopted a course of action. This addresses all forms of adverse effects, all categories of subsidies and all models of Airbus aircraft covered by the WTO report. As a result, Europe has ensured full implementation of the WTO recommendations and rulings. The WTO will publicly disclose information regarding these measures at a later stage. Airbus calls on all parties to recognize that Europe has implemented in good faith, and to return to vigorous marketplace competition rather than further attempts to stifle competition through unjustified legal processes.
Airbus calls for a show of similar good faith in the implementation of the judgment of Boeing aid coming early next year. Airbus remains concerned that recent media reports of massive federal tax subsidies for Boeing suggest that it will continue to flaunt the rules of the game. Airbus will carefully follow this separate case to ensure that the playing field remains fair on both sides of the Atlantic.
Source : Airbus, an EADS N.V. company (Paris: EAD.PA)