Bloomberg News said Tuesday the Boeing-Airbus subsidy talks failed because the European Union insists on giving Airbus about $1.3 billion in cash to help it develop the A350, its proposed counter to Boeing’s 787:
http://www.bloomberg.com/apps/news?pid=10000087&sid=aHOt6GRXlfdk&refer=top_world_news
And here’s a surprise: Editors of Britain’s leading financial newspaper say it’s time for Europe to end Airbus support:
http://news.ft.com/cms/s/f9bf17d2-9a78-11d9-a094-00000e2511c8.html
Not quite so surprising, The New York Times said much the same thing (the link goes to a Times editorial posted on the Website of The International Herald Tribune, which is basically the Times’ international edition):
http://www.iht.com/articles/2005/03/22/opinion/edairbus.html
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