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Europe, U.S. to negotiate over government subsidies for Boeing, Airbus.
By Alan Bjerga, The Wichita Eagle, Kan. Knight Ridder/Tribune Business News
Jan. 12--WASHINGTON -- The European Union and the United States chose negotiation over litigation Tuesday by agreeing to talks over subsidies to rival jetmakers Airbus and Boeing.
The plan for three months of talks over new guidelines on government assistance for large commercial aircraft avoids, for now, a World Trade Organization case that could have sparked a trans-Atlantic trade war.
It also may improve prospects for Boeing's new 7E7 jet, due in 2008. Boeing Wichita will build the plane's flight deck, forward fuselage and struts.
Discussions to resolve …
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