FARNBOROUGH, ENGLAND ¨C Boeing has asked the U.S. government to press the European Union for transparency over a €3 billion ($3.43 billion) loan package to Airbus, resurfacing trade tensions after the two sides extended a tariff truce over jet subsidies.
The request for the U.S. government to intervene comes as Airbus has been talking about the development of a new plane as early ?as 2030, potentially kick-starting a fresh wave of competition in the global jet market.
Both sides won partial victories in a 17-year battle at ?the World ?Trade Organization over mutual claims of aircraft subsidies that led to a wave of transatlantic tariffs hitting other industries, before ?agreeing to a five-year truce in 2021.
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