4 ms·
> billions in illegal EU government subsidies. I think this is a bit gratuitous. It's not like Boeing doesn't receive massive subsidies. I'm not disputing that
by ggm 4mo ago
> billions in illegal EU government subsidies.
I think this is a bit gratuitous. It's not like Boeing doesn't receive massive subsidies. I'm not disputing that subsidies exist.
WTO said "both sides" and you are on a TKO because the fine to Europe was bigger than the fine to the US.
- s1artibartfast 4mo agoI wasn't trying to get into a comparison with US, but do think they they are relevant to the financial accounting of the 380 programing. Airbus got some 15 odd billion in launch aid that was to be paid back through sales that never occurred. I love the plane itself. It is my top choice for transatlantic flight. Businesses class is fantastic. If you get a window, they have stow cabinets big enough for my backpack, laptop, and street shoes.
- ggm 4mo agoSo the point was that they had massive sunk costs which couldn't be recovered. The legality or otherwise of the EU subsidies is a bit beside the point. It's absolutely one of my favourites to fly on. I'll miss it when they replace it with the 2 engine widebodies. Economics just didn't work out for a good idea. (A re-engined 747 with something quieter, and with better cabin pressure and humidity could also have worked but Boeing were never going there)
- microgpt 4mo ago> that was to be paid back through sales that never occurred. That just sounds like a state investment