Billions of dollars in illegal subsidies paid by Washington State to Boeing have dealt as much as $50 billion of damage to its rival Airbus, claimed a press release from European-based aircraft manufacturer Monday.
The company was responding to a historic World Trade Organization (WTO) ruling that Airbus claimed outlines how the United States ignored international trade rules by allowing Boeing to receive illegal subsidies from Washington State, enabling the Chicago-based company to gain a competitive advantage over rivals. The claim was first filed by Airbus in December 2014.
Source: Airbus claims victory over Boeing after historic global trade ruling AL.COM
