Mandy's Pounds 340m Airbus Handout ; U.S. In a Fury Over 'Subsidy' to Design New Jet [Scot Region]
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Summary
LORD Mandelson braved U.S. criticism yesterday over a Pounds 340million Government aid package for Airbus which rivals and the White House say is an 'illegal' bail- out.
The Business Secretary has announced taxpayer backing for the design and development of Airbus's new A350 long-haul jet.See the full content of this document
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Mandy's Pounds 340m Airbus Handout ; U.S. In a Fury Over 'Subsidy' to Design New Jet [Scot Region]
But U.S. plane manufacturer Boeing and the American government say the subsidy breaches world trade laws.
Lord Mandelson denied the move was a bail-o...See the full content of this document
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