US aircraft manufacturer Boeing has won a victory in a 13 year-long dispute with European rival Airbus.
The World Trade Organization has reversed, on appeal, a ruling that Boeing received some state aid to help build its newest aircraft, the 777X.
However, Airbus said, “the ‘game’ is far from over” as other complaints over alleged aid are still to be resolved.
The two aviation giants have been locked for years in a set of disputes at the Geneva-based WTO.
Brussels and Washington have two larger cases pending at the WTO, centered on multiple claims and counter-claims about illegal subsidies for their respective aviation industries.
Airbus estimates it has lost $100bn in sales because of Boeing subsidies.
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Call Shalish Mehta in our civil and commercial litigation department on 0161 785 3534 or email sm@wrigleyclaydon.com.
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