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Article: Airbus expects aid despite talks on subsidies
- Article from:
- Chicago Sun-Times
- Article date:
- January 13, 2005
- Author:
CopyrightCopyright 2005 Chicago Sun-Times. (Hide copyright information)
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PARIS -- European aircraft manufacturer Airbus said Wednesday it
still expects to receive government launch aid for its new A350 jet,
a day after the EU and United States agreed to reopen negotiations on
eliminating aircraft subsidies, averting a looming trade war.
Noel Forgeard, chief executive of the European aircraft maker,
made the comments during a Paris news conference at which Airbus also
said it outsold archrival Boeing Co. in 2004 and expects to do so for
a third straight year in 2005.
"The basis of the agreement is not that there will be no support,"
Forgeard said.
European Union Trade Commissioner Peter Mandelson said Tuesday he
had agreed with his U.S. counterpart Robert Zoellick ...