Brussels may have a situation here:
the request to fund the A350 has been launched.
Airbus has asked Britain for repayable investment loans.
But ‘it is not a problem,’ the European Commision says.
The window on a deal with the U.S. to end aircraft subsidies is still open.
The world’s biggest airliner-maker says the A350 project would fuel more than 30,000 UK jobs.
Washington sees the loans as unfair subsidies.
It is keen to defend Boeing against its European rival.
The U.S. has warned the dispute could lead to a transatlantic trade war.
A lawsuit at the World Trade Organisation hangs in suspense.
The EU’s top trade negotiator has reiterated a WTO fight is not desirable.
Both sides are determined to prevent a challenge to Boeing’s new 787 Dreamliner from becoming a commercial nightmare.