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| Thursday, May 15, 2008 |
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House panel eyes subsidy review on tanker deal
By FlyingNews @ 12:37 PM :: 474 Views ::
0 Comments :: Military Aviation, Government
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The House of Representatives Armed Services Committee conditionally called for a review Thursday of any illegal subsidies' role in a $35 billion refueling-aircraft contest lost by Boeing Co.
The House panel mandated an Air Force review of the tanker's selection process if the World Trade Organization finds fault in a subsidy dispute pitting Boeing against Airbus, its rival in the commercial aircraft market.
On February 29, the Air Force picked a team of Northrop Grumman Corp and Airbus parent EADS, rather than Chicago-based Boeing, to start building a new fleet of 179 tanker aircraft based on Airbus's A330 aircraft.
You can read the entire article here. |
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