Article

2005-05-31 Europe

EU complains to WTO about Airbus sucking

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Posted by mmurray821 2005-05-31 11:00|| || Front Page|| [5 views since 2007-05-07] Top

#1 The EU argues that the US governemnt indirectly subsidizes Boeing's airliners through paying inflated prices for military planes.

Posted by JFM">JFM 2005-05-31 11:22|| 2005-05-31 11:22|| Front Page Top

#2 I think it's Lou Minotti who called this, this is going to be a nasty trade war.

Posted by anonymous2u 2005-05-31 11:36|| 2005-05-31 11:36|| Front Page Top

#3 Ah, the good 'ol shell game argument. You can't see it, but it happens! The prices aren't inflated. They are a little more on the first production run to cover some R&D costs, but after that they cost no more than any other country is charged. Same with every other piece of new military/civilian hardware that the government orders. Most other NATO and 1st world nations work the same way with their contractors.

Posted by mmurray821 2005-05-31 11:36|| 2005-05-31 11:36|| Front Page Top

#4 Didn't Airbus get loans they never paid back?

And now the elites are going to be really pissy after the vote.

Posted by anonymous2u 2005-05-31 11:43|| 2005-05-31 11:43|| Front Page Top

#5 I think there are still a few outstanding payments on the Marshall plan loans the US and Europe might want to discuss.

Posted by rjschwarz">rjschwarz 2005-05-31 12:08|| rjschwarz.com]">[rjschwarz.com] 2005-05-31 12:08|| Front Page Top

#6 What about customers never having to make payment on some Airbus purchase loans and no default either....(Sounds like monoploy trust behaivor to me.)

Posted by 3dc 2005-05-31 12:38|| 2005-05-31 12:38|| Front Page Top

#7 Please capitolize Monopoly in that context. And use a TM thingy, ask Bobby he's got it down.

Posted by The Eldest Parker Brother 2005-05-31 13:19|| 2005-05-31 13:19|| Front Page Top

#8 Boeing is kicking Airbus in the ass these days. The 787 is a huge winner while the new Airbus jumbo has more limited market potential. Airbus is just trying to cover thier asses for a lousy business decision.

Posted by remoteman 2005-05-31 13:20|| 2005-05-31 13:20|| Front Page Top

#9 there are a lot of ways to subsidize things other than by doing it directly

tax offsets, credits and abatements

reimbursement for training employees

shadow marketing

subsidizing insurance

I'm pretty sure we do a lot of these but I'm also sure the EU does far more of it.

Posted by mhw 2005-05-31 14:04|| 2005-05-31 14:04|| Front Page Top

#10 With the Phrench voting 'no' and the Dutch likely to, isn't the EU dead? And if it is, then why argue with a dead / unauthorized / illegal entity? We win, Airbus loses (again).

Posted by USN, ret. 2005-05-31 14:09|| 2005-05-31 14:09|| Front Page Top

#11 Not dead at all. In fact it will almost certainly become more protectionist and more willing to cut deals with the mullahs and the Chinese. Look at the anti-American ass that Chirac just elevated to the throne in France.

Posted by thibaud (aka lex) 2005-05-31 14:20|| 2005-05-31 14:20|| Front Page Top

#12 The EU argues that the US governemnt indirectly subsidizes Boeing's airliners through paying inflated prices for military planes.

Are those asswipes still using that tired old argument??

The U.S. government will buy Boeing's stuff (and/or Lockheed, and/or Grumman, etc) because it either needs or wants that product, period. Airbus, on the other hand, gets money directly from government to finance product developments.

Posted by Bomb-a-rama 2005-05-31 14:44|| 2005-05-31 14:44|| Front Page Top

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