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Article: Airbus doesn't need launch aid, says Boeing UK chief; In last week's Business Week, Professor Philip Lawrence, from the Aerospace Research Centre, argued in favour of continued public sector support for European planemaker Airbus. Here, Sir Michael Jenkins, the UK president of Airbus's US rival Boeing, gives his response.(Business)
- Article from:
- Daily Post (Liverpool, England)
- Article date:
- May 11, 2005
CopyrightCOPYRIGHT 2005 MGN Ltd. 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: Sir Michael Jenkins
THE USA and the EU reached an agreement on January 11, 2005, which set the terms for continued negotiations with a view to ending all subsidies for large civil aircraft.
The January agreement provided a subsidy and litigation standstill and a framework to end new subsidies in 90 days. Those three months have now passed, and though both the US and the EU have indicated their willingness to extend the terms of the talks, significant differences unfortunately continue to emerge.
Those differences mainly relate to Airbus's request for launch aid for the A350, Airbus's claim that it only receives launch aid subsidies and ...