Boeing Took Illegal Subsidies: WTO

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By
Muhammed El-Hasan
on March 31, 2011 9:14 AM | | Comments (0) |

Last year, the World Trade Organization also ruled that Airbus took illegal subsidies. Boeing made a big stink about that. Now will Airbus do the same.


(Reuters) - Planemaker Boeing received at least $5.3 billion of banned U.S. subsidies, the World Trade Organization said Thursday.

The subsidies included banned support in the form of research and development payments from the NASA space agency.

Read more about Boeing's illegal subsidies.

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This page contains a single entry by Muhammed El-Hasan published on March 31, 2011 9:14 AM.

Toyota's Yaris Plant Out for Another Month was the previous entry in this blog.

Mattel CEO Gets Raise is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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