WTO to delay Boeing ruling

BRUSSELS – The World Trade Organization will delay until mid-September a ruling on a complaint accusing the U.S. of providing illegal public subsidies to Boeing. The WTO ruled last week that Boeing's European rival, EADs-owned Airbus, had received billions of dollars in illegal government aid. Boeing and EADS are competing for a $35 billion contract to build tankers for the U.S. Air Force. Boeing is offering a modified 767 that would be built in Everett, Wash., and EADS is offering a modified A330 that would be assembled in Mobile, Ala. (Source: Wall Street Journal, 07/08/10)