AIRSHOW-Boeing says Airbus A350 aid would violate WTO rules
PARIS, June 15 (Reuters) - Boeing (BA.N: Quote, Profile, Research) said it was disappointed with a move by European rival Airbus to obtain state financing for its new A350 XWB aircraft and called it illegal under World Trade Organisation (WTO) rules.
"We are disappointed by reports that the Airbus member states intend to provide - and Airbus to accept - billions of dollars of launch aid for the A350," the U.S. planemaker said in an e-mailed statement on Monday.
"Such financing would violate the member states' international obligations to abide by the rules of the WTO. It is long overdue for Airbus to fund its airplane development on commercial terms including using its own resources, which it has indicated are ample."
Ministers of three European nations home to EADS (EAD.PA: Quote, Profile, Research) unit Airbus' jet production earlier said at the Paris Air Show that they expected to make a decision on financing for the project by the end of June.
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