| Author (Person) | Lerner, Jeremy |
|---|---|
| Series Title | Financial Times |
| Series Details | 17.8.09 |
| Publication Date | 17/08/2009 |
| Content Type | News |
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A long-running dispute between the European Union and the US government over state funding for large aircraft makers threatened to reignite August 2009 after Lord Mandelson offered Airbus more than £300m of aid while attacking US 'subsidies' to Boeing. The business secretary pledged £340m of repayable launch aid to Airbus, owned by European conglomerate EADS, to help it develop the A350, a family of long-haul jets that will compete with Boeing's successful 777 aircraft and its new 787 Dreamliner. |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe, United Kingdom, United States |
