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6/14/05

www.stuff.co.nz: Airbus, Boeing hint at compromise in WTO clash

www.stuff.co.nzAirbus, Boeing hint at compromise in WTO clash

Planemakers Airbus and Boeing Co yesterday took the edge off some of the rhetoric in the world's biggest potential trade war, striking a conciliatory tone at the Paris Air Show. Airbus said the reason it had delayed its A350 model was to calm tensions and Boeing said negotiations were the best way forward. Washington's clash with the European Union at the WTO involves accusations of improper state subsidies to the largest aerospace company on each side. In a conciliatory sign from the European side, Airbus Chief Executive Noel Forgeard for the first time said a delay in plans to launch the industrial phase of its new A350 model was intended to help clear the atmosphere.

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