WASHINGTON - In a major victory for Boeing Co., the World Trade Organization sided with the American aviation giant Friday in finding that European countries have provided billions in illegal subsidies to chief competitor Airbus. The preliminary ruling by the Geneva-based WTO, although expected to be challenged by the European Union, could begin to shake up the $3.2 trillion global market in new jetliners, in which Airbus has overtaken Boeing. The next shoe to drop will be a decision that may...
Full Story: MSNBC
