Jun 30 2010

SHELBY: TANKER COMPETITION MUST PROCEED AS STRUCTURED

U.S. Senator Richard Shelby (R-Ala.) today issued a statement regarding the World Trade Organization’s ruling on claims by Boeing against Airbus related to prohibited subsidies for aircraft manufacturing.  The WTO has yet to rule on a parallel claim by Airbus that Boeing benefitted from prohibited subsidies.

“The WTO report states that the A330-200, the airframe EADS will offer for the tanker competition, did not receive prohibited subsidies,” said Shelby.  “The ruling clearly lays out that Boeing was not materially injured by any action taken by Airbus, on any airframe considered in this case. The tanker competition must move forward as it is currently structured.  It would be a significant mistake, with severe consequences to both our economy and trade relations, to attempt to restrict the tanker competition based on this WTO report.”