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Article: Russia risks being sucked into aircraft subsidy row.
- Article from:
- Sunday Business (London, England)
- Article date:
- April 25, 2005
CopyrightCOPYRIGHT 2005 Sunday Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tracey Boles
Apr. 25--RUSSIA could be dragged into the air subsidy dispute simmering between Europe and America after Airbus invited Russia to become a partner on the A350, the aircraft at the centre of the row. Airbus is also set to appoint a new chief executive at a board meeting this week.
The news comes as Russia draws closer to entry to the World Trade Organisation (WTO), the body which would impose sanctions if the dispute cannot be resolved. On Friday, Japan said it would support Russia's membership in the WTO this year.
This month Airbus faces two milestones -- the appointment of a chief executive and the long-awaited first ...