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Published: Friday, 4/1/2011

World Trade Organization says Boeing got $5.3B in banned aid

BLADE STAFF AND NEWS SERVICES

GENEVA — Planemaker Boeing received at least $5.3 billion of banned U.S. subsidies, the World Trade Organization said Thursday. Subsidies included prohibited support in the form of research-and-development payments from the NASA space agency.

The ruling by a panel of trade judges is the latest round in a six-year battle between the industry’s two giants. In a separate case last year, the WTO condemned European support for Boeing rival Airbus.



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