Airbus CEO Tom Enders defended government financing for the $15.24 billion A350 XWB program on Tuesday, claiming the European planemaker is seeking a “level playing field” with competitor Boeing Co.
Boeing called the European government funding for the project unfair.
A funding row over the A350 XWB, designed to compete with Boeing’s hot-selling 787, could re-ignite a trade dispute over alleged large commercial aircraft subsidies awaiting a ruling by the World Trade Organization. The U.S. and EU accuse each other of providing billions in illegal subsidies to the companies.
The Associated Press