The US government and Boeing have welcomed a World Trade Organisation (WTO) report that revealed how the European Union (EU) failed to stop unfair government subsidies to French plane-maker Airbus despite previous rulings by the global trade body.
Airbus is an aircraft manufacturing unit of the European aerospace group, EADS. The A300 made its maiden flight in 1972, and the launch of the A320 in 1981 reinforced Airbus as a challenger to the two major incumbents, Mcdonnell Douglas and Boeing.
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