Open

Coming up

Don't miss

Replay


LATEST SHOWS

FOCUS

As France’s Carrefour pulls out, what next for India’s retail market?

Read more

#TECH 24

Internet of Things

Read more

THE WORLD THIS WEEK

The World This Week - July 25th, 2014 (part 2)

Read more

REPORTERS

Halal tourism on the rise

Read more

THE WORLD THIS WEEK

The World This Week - July 25th, 2014

Read more

#THE 51%

Sweden: A Feminist's Paradise?

Read more

AFRICA NEWS

Search of Air Algerie crash site continues

Read more

WEB NEWS

NSA targets 'Tor' network users

Read more

WEB NEWS

Web users call for peace in Gaza

Read more

  • France offers asylum to Iraqi Christians

    Read more

  • Moroccan police arrest French al-Qaeda recruiter

    Read more

  • Video: Slaviansk mourns mass grave victims

    Read more

  • France honours those lost on Air Algérie Flight AH5017

    Read more

  • Video: Ethiopia turns to wine to boost image, economy

    Read more

  • Thousands gather in Marseille in support of Israel

    Read more

  • Luc Besson’s sci-fi thriller ‘Lucy’ tops US box office

    Read more

  • As France’s Carrefour pulls out, what next for India’s retail market?

    Read more

  • Liberia tightens border controls to curb Ebola outbreak

    Read more

  • The centenary of Austria-Hungary’s calamitous last hurrah

    Read more

  • UN Security Council calls for immediate Gaza ceasefire

    Read more

  • Nibali joins elite group with Tour de France win

    Read more

  • France calls on its nationals to leave Libya as violence escalates

    Read more

  • Boko Haram kidnap Cameroon minister's wife in deadly attack

    Read more

  • Muslims prepare for Eid al-Fitr festival

    Read more

  • ‘Irresponsible’ American dad tries to scale Mont Blanc with children

    Read more

  • Ukraine fighting prevents observers from accessing MH17 crash site

    Read more

  • In pictures: Crowds flock to enjoy the Tour de France show

    Read more

  • Netanyahu says Hamas 'violating its own ceasefire'

    Read more

  • Costa Concordia arrives in port of Genoa to be scrapped

    Read more

  • In pictures: Youths clash with police at banned Gaza protest

    Read more

  • Russia lashes out at new EU sanctions over Ukraine

    Read more

  • Bodies of all Air Algérie crash victims to be brought to France

    Read more

  • Syrian army and ISIS both claim advances

    Read more

Business

Airbus ups its ante against rival Boeing for US airforce contract

Text by News Wires

Latest update : 2010-07-08

Airbus parent EADS submitted a bid to supply a fleet of aerial tankers to the US Air Force Thursday, shortly before the World Trade Organisation announced it had delayed a report on claims that rival Boeing received unfair government subsidies.

 

REUTERS - Airbus parent EADS submitted a formal bid on Thursday to supply a fleet of aerial tankers to the U.S. Air Force, challenging Boeing Co for a contract worth up to $50 billion.
 
The European company said its proposal of more than 8,800 pages, spread over 17 volumes, would prove the "unequaled capabilities" of its tanker, which is based on the Airbus A330 passenger plane and would be assembled in Alabama.
 
The transatlantic foes have been locked in an increasingly bitter battle over the competition, which calls for 179 new planes to renew a fleet of Eisenhower-era refueling aircraft.
 
"We feel very good about what we have to offer," Ralph Crosby, chairman of EADS North America, told reporters.
 
Boeing declined to comment.
 
EADS filed the proposal a day before the deadline for bids, beating out Boeing, which is expected file its own bid based on a version of its 767 passenger jet on Friday morning.
 
But the European company suffered a setback within minutes of its bid when the World Trade Organization announced a delay to a sensitive trade ruling on alleged aid to Boeing.
 
The Geneva-based body said it is delaying a panel decision on a European Union countersuit against U.S. allegations of illegal aid to Airbus, partially upheld by the WTO last week.
 
The new report had been expected July 16, but now could be delayed until mid-September, European Union officials said.
 
European officials had hoped the WTO report on the second case, although meant to be kept confidential for several months, would take the sting out of Boeing allegations that the plane being offered to the Air Force was bolstered by subsidies.
 
The world's largest ever tit-for-tat trade dispute has been marked by frequent leaks.
 
The European Union and Airbus criticized the delay.
 
"The time lag between this case, and the United States' case against support to Airbus ... has constantly increased over the six years this dispute has been running and the gap is now at nearly a year," the EU's executive Commission said.
 
The tanker contest is a rerun of a previous competition won by EADS but later overturned on appeal from Boeing, which successfully argued that the selection process was unfair.
 
U.S. Defense Secretary Robert Gates expressed confidence that the competition would be viewed as fair and transparent.
 
"My view is that the way that it has been designed is as transparent as possible ... So, I think that I am very optimistic that this time we will be able to get on with it," Gates told reporters at the Pentagon.
 
Last week, the WTO ruled that Airbus had benefited from a long history of government subsidies that have hurt Boeing's market share, including prohibited export aid.
 
Backed by supporters in Congress, Boeing wants those criticisms to be taken into account in the tanker contest. So far the Pentagon has declined to link the two subjects.
 
Airbus Chief Executive Tom Enders said the EU case would show Boeing had received billion of dollars in illegal support.

 

Date created : 2010-07-08

  • AVIATION

    US claims victory after WTO condemns 'illegal' Airbus subsidies

    Read more

COMMENT(S)