Bloomberg News

EU to Demand U.S. Boeing Subsidy Cuts Within 6 Months, FTD Says

March 12, 2012

The European Commission plans to demand the U.S. government cut subsidies to Boeing Co. (BA) within six months, Financial Times Deutschland reported, citing unidentified people in the aviation industry.

The demands include canceling some NASA research projects, U.S. Defense Department projects for civil aviation, as well as some state subsidies for Boeing plants, the newspaper said.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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