Both EU aircraft maker Airbus and its U.S. rival Boeing on Monday claimed victory in the decades- long disputes over illegal governmental subsidies on which the World Trade Organization gave a confidential ruling yet to be released publicly.Before the WTO ruling due to get published in the near future, both sides issued statements claiming the WTO ruling went in favor of their appeal and both continued to accuse the other by displaying a war of words in interpreting the arbiter’s closet verdict.According to France-based Airbus, the European side hailed the confirmation that “Boeing has received massive and illegal government subsidies for many decades, and that they have had a timberland outlet significant and ongoing negative effect on European industry.”Furthermore, Airbus predicted an outline of what WTO would announce in its final ruling.
The EU side asserted that “Boeing would not have been able to launch the 787 without illegal timberland boots sale subsidies,” and Boeing has received illegal financial support of at least 5 billion U.S. dollars and will continue this unfair competition with an additional more than 2 billion U.S. dollars on agenda.Posting an estimated loss of at least 45 billion U.S. dollars, the Airbus statement expected a WTO ruling that would confirm what Boeing got from the U.S. Department of Defense and NASA “have thoroughly distorted competition within the aviation industry, directly resulting in significant harm to the European aerospace industry.”However, the Boeing company shortly rebutted the EU interpretation that WTO decision will require fundamental changes to the U.S. funding mechanisms.”Today’s decision will not require any change in policy or practice, or other remedy that comes close to approaching the billions of dollars of launch aid that must be repaid by Airbus or restructured on proven commercial terms,” the U.S. company said in a statement.
On the contrary, Boeing insisted WTO’s Monday decision ” rejected almost all of Europe’s claims timberland 6 inch boots sale against the United States, including the vast majority of its R&D claims — except for some 2. 6 billion U.S. dollars.” The U.S. side backhanded to attack the 20-billion-U.S. dollar illegal subsidies Airbus and its parent group EADS received from the EU, which was confirmed by the WTO in last June.Around 60 persons were wounded in the following clash and over 100 others had been arrested.Protesters pelted the prime minister’s office building and the police lining before it with stones, sticks, umbrellas and whatever they could get. Police responded with tear gas, rubber bullets, stun grenades and water cannons to disperse them.Three people died from gunshots in chaos. One was shot in the head, and the other two in the chests.