WTO raps Boeing for subsidies

The World Trade Organization in a report published today said Boeing received at least $5.3 billion in improper subsidies from the United States to develop jets, including the 787. That gave it an unfair advantage against European rival Airbus. The European Union claimed research and development grants from the federal government’s NASA and Defense Department, including development of carbon composites, contributed to the technologies to build the 787. An appeal by Washington is being considered. The ruling is the latest round in a six-year battle between Boeing and Airbus, part of EADS. In a case decided last June, the WTO found that Airbus had benefited from improper subsidies as well. (Source: Multiple, including New York Times, Reuters, 03/31/11)