Airbus still receiving EU subsidies - report

Monday, 02. December 2019 11:22

The World Trade Organization (WTO) is set to announce the European Union failed to remove all subsidies to Airbus SE, media reported on Monday.

According to a compliance report set to be released as early as today, the plane makers' A350 continues to be subsidized as a result of earlier government loans, people close to the matter told Reuters.

WTO previously ruled the EU was illegally subsidizing Airbus, which led the United States to introduce tariffs on $7.5 billion worth of goods coming from the bloc.

Related Links: Airbus SE
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Breaking the News / MD