The US Government may seek a settlement with the European Union rather than accept a World Trade Organisation (WTO) ruling that its foreign sales programme is an illegal subsidy. The WTO upheld that ruling on appeal. If it stands, Boeing could lose $130 million in tax savings, plus a financing tool it uses in aircraft sales to foreign carriers.
Source: Airline Business
Fokker Next Gen is contemplating the conversion of a Boeing 777 into a temporary flying testbed for multiple future technologies as part of a consortium linked to the EU’s Clean Aviation programme.
Hybrid-electric aircraft developer Heart Aerospace is readying for the roll-out of its first full-scale ES-30 demonstrator in the early autumn, with the test asset nearing completion.
Leonardo has sealed a union agreement that will avoid a proposed four-month shut-down of its factory in Grottaglie in southern Italy where it fabricates composite fuselage sections for the Boeing 787.
