3 ms·

Boeing contends otherwise: > Myth: Aerospace is different from other industries and requires some level of government support. > Fact: Boeing has proven ot

Boeing contends otherwise: > Myth: Aerospace is different from other industries and requires some level of government support. > Fact: Boeing has proven otherwise. We have financed all of our new airplane programs without the kind of government handout that launch aid represents. http://www.boeing.com/company/key-orgs/government-operations/wto.page http://www.boeing.com/company/key-orgs/government-operations...

blub 7y ago
The WTO found that they were and are being illegally subsidized [1]. Maybe they're saying that they're not getting a particular type of subsidy. But it's clear that both these companies are getting a ton of government contracts and have a special relationship with the US/EU. https://www.bloomberg.com/news/articles/2019-03-28/wto-issues-mixed-decision-in-eu-boeing-subsidy-dispute https://www.bloomberg.com/news/articles/2019-03-28/wto-issue...
inferiorhuman 7y ago
Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition? https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boeing-washington-20170503-story.html https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boein... https://www.seattletimes.com/seattle-news/boeings-historic-tax-break-from-state-even-bigger-than-thought/ https://www.seattletimes.com/seattle-news/boeings-historic-t... Boeing doesn't necessarily get direct subsidies but they get hefty tax breaks. Boeing will almost certainly get bailed out by the feds if the MAX or 777X come close to bankrupting them.
- defertoreptar 7y ago
  > Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition? I don't have to, since Boeing already came out and said as much on the URL I posted. They make a distinction between legal and illegal subsidies recognized by the WTO.

blub 7y ago

The WTO found that they were and are being illegally subsidized [1]. Maybe they're saying that they're not getting a particular type of subsidy. But it's clear that both these companies are getting a ton of government contracts and have a special relationship with the US/EU. https://www.bloomberg.com/news/articles/2019-03-28/wto-issues-mixed-decision-in-eu-boeing-subsidy-dispute https://www.bloomberg.com/news/articles/2019-03-28/wto-issue...

inferiorhuman 7y ago

Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition? https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boeing-washington-20170503-story.html https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boein... https://www.seattletimes.com/seattle-news/boeings-historic-tax-break-from-state-even-bigger-than-thought/ https://www.seattletimes.com/seattle-news/boeings-historic-t... Boeing doesn't necessarily get direct subsidies but they get hefty tax breaks. Boeing will almost certainly get bailed out by the feds if the MAX or 777X come close to bankrupting them.

defertoreptar 7y ago
> Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition? I don't have to, since Boeing already came out and said as much on the URL I posted. They make a distinction between legal and illegal subsidies recognized by the WTO.