Airbus announced today it had agreed with the Governments of France and Spain to make amendments to the A350 Repayable Launch Investment contracts as a final step to end the long-standing WTO dispute with the US.
Commenting on the announcement, ADS Chief Executive Paul Everitt said:
“A negotiated outcome to this long-running dispute would be the best outcome for the global aerospace industry. Tariffs disrupt healthy competition, reduce consumer choices and put jobs at risk unnecessarily.
“Airbus has taken action to remove any remaining barriers to negotiations taking place between the US and EU to resolve this dispute. I urge all parties to urgently seek a mutually beneficial outcome.”