>This marks a victory for Airbus in a war without end.
>Back in September the European aerospace giant, which employs 15,000 people in the UK, was on the receiving end when it was found that billions of euros in low interest loans amounted to illegal subsidies.
>Boeing celebrated that moment as a comprehensive victory which would deal a mortal blow to Airbus and result in more US jobs.
>The reality is that neither of these companies can exist without government subsidies.
Both of these companies are strategic assets to the countries that have them. So no surprise here. I'm not even upset at it- it's realpolitik.
>Back in September the European aerospace giant, which employs 15,000 people in the UK, was on the receiving end when it was found that billions of euros in low interest loans amounted to illegal subsidies.
>Boeing celebrated that moment as a comprehensive victory which would deal a mortal blow to Airbus and result in more US jobs.
>The reality is that neither of these companies can exist without government subsidies.
Both of these companies are strategic assets to the countries that have them. So no surprise here. I'm not even upset at it- it's realpolitik.