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Statement by AIA President and CEO Marion Blakey on WTO Subsidies Decision
ARLINGTON, Va., Sept. 4 /PRNewswire-USNewswire/ -- The following statement was released today by the Aerospace Industries Association:
AIA welcomes the World Trade Organization ruling today as reported in the press that the European government's launch aid to Airbus is not consistent with its rules. This is a positive action to help ensure the long-term health of the global aerospace enterprise. While preliminary, the ruling provides much-needed guidance to WTO members that are involved in or considering entering into civil aircraft production.
AIA has long supported the U.S. government's efforts to resolve this matter through the WTO dispute resolution process. Today's ruling is an important step toward achieving a level and fair playing field that will allow the U.S. aerospace industry to flourish in the international marketplace.
Founded in 1919, the Aerospace Industries Association represents the nation's leading manufacturers and suppliers of civil, military, and business aircraft, helicopters, unmanned aerial systems, space systems, aircraft engines, materiel, and related components, equipment services, and information technology.
SOURCE Aerospace Industries Association
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