TITLE

REGIME CHANGE

AUTHOR(S)
Wall, Robert; Sparaco, Pierre
PUB. DATE
February 2005
SOURCE
Aviation Week & Space Technology;2/21/2005, Vol. 162 Issue 8, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that in a new twist in the ongoing debate over large civil aircraft subsidies, Airbus is signaling it would welcome a revised financial-assistance framework built around the type of indirect government research-and-development grants that Boeing has received. Airbus' top executives have long defended the loans and guarantees European governments provide to the Toulouse-based company, which offset up to one-third of an aircraft's development cost in the form of reimbursable funding. The overture comes at a pivotal time as U.S. and European negotiators try to hammer out an accord on future government financial aid to large commercial aircraft.
ACCESSION #
16296937

 

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