According to news airwise.com, Washington has warned it could resume a World Trade Organization case, suspended in January, aimed at getting the government loans declared illegal under global trade rules. "Our position is clear -- no new subsidies," a spokeswoman for the US Trade Representative's office said on Thursday. The United States and the EU had suspended competing WTO cases over government aid for Airbus and Boeing in the hope of reaching a negotiated settlement. However, they failed to achieve that by an April deadline. (1)

So many media have been reported that The Boeing Company Board CEO Lewis Platt wants to see that "Launch Aid Stop for unfair EU subsidies for Airbus".

European Union Trade Commissioner Peter Mandelson seems want to resolve without WTO (World Trade Organization) and mentioned that there is adequate room for both to prosper in the global market. (2) Only way to make prosper in the global market is STOP UNFAIR SUBSIDIES FOR AIRBUS. AIRBUS IS NOT A NONPROFIT ORGANIZATION.

"The US should be clear that Airbus intends to produce the A350," Mandelson said. "The EU remains ready to negotiate a balanced, phased agreement to reduce and eventually eliminate subsidies for large civil aircraft production." (3) It makes sense if EU stop right now for unfair EU subsidies!

During 2005 Annual Investors Conference yesterday, The Boeing Company Board CEO, Lewis Platt emphasized again that "We want Launch Aid Stop First! That is condition of good discussion. The leaders of the Boeing Company continue to set out to build a global aerospace enterprise. Lew Platt, Board CEO made very clear over and over again that he hopes the negotiations will be successful, but he wants to make sure that EU understand that he is prepare to support it WTO case, if the US government decides proceed with one. And they will proceed with one; if we can not get launch aid eliminate it. He is very confident that The Boeing Company has very strong case. Boeing does not shone competition from Airbus or anyone else. But, we will take the necessary steps to protect ourselves against predatory trade practices. This is a basic right that is recognized under WTO rules. And it is ultimately good for the entire aviation industry. All we are asking for is level playing field where all the parties compete under merits of their products.

The annual event is an opportunity for senior Boeing executives to share Boeing's outlook and performance with investors and securities analysts who help shape the market's perception of Boeing. "Over the last decade, the leaders of this company set out to build a global aerospace enterprise of unrivaled breadth and balance, combined with the discipline of always running healthy core businesses.

It is very clear that the world wants to see stop LONG TIME UNFAIR EU SUBSIDIES. WE NEED BREAK THE ICE. It was absolutely unfair for a long time like a cold war............very snicky way and acted like supporting the world but didn't support the world at all, instead, what have EU done? MONOPOLY GAME - EURO DOMINATING AND THE GLOBAL MARKET CRASHED.......IT IS TIME TO BREAK THE ICE AND BALANCE THE GLOBAL MARKET. It is very important to recognize the World Trade Organization is the biggest and the most powerful organization in the world, more than 124 countries actively involved world trade organization.

In the mean time 25 EU nations have done only hurting the economic around the world. More than 30 years of frizzed world market with continuing unfair EU subsidies and blaming on nonprofit organization bank loan. Airbus is not a nonprofit organization, it is private company. Over 30 years of back support by EU subsidies. It is too much hurting the world and too much.... include the Boeing Company and other industries around the world.

EU excuses, about the Washington state tax credits and military contracts so on....there are no doubt about EU will be back traped at them when they keep finger pointing at the Boeing. It is the fact that the world knows about EU subsidies are completely different issue. Just stop unfair EU subsidies.....

The 1992 agreement was negotiated, Airbus accounted for only about 30 percent of the global market. It now represents more than 50 percent of this market. Clearly, the 1992 agreement has outlived its usefulness.(4) It is absolutely unfair for the Boeing Company and for other industries for a long time......

Per STATEMENT BY THE PRESS SECRETARY: The annual U.S.-EU Summit will take place in Washington, D.C. President Bush will host the Summit on June 20, 2005. The United States and the European Union have an important and expanding agenda of global cooperation. The President looks forward to this opportunity to discuss our transatlantic agenda with European Council President Jean-Claude Juncker and European Commission President Jose Manuel Barroso. (6)

The Sixth WTO Ministerial Conference will be held in Hong Kong, China from 13 to 18 December 2005. The Ministerial Conference is the top most body of the WTO under the governance structure set up by the “Agreement establishing the WTO”. The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements.(4)

Taking cases to the WTO (World Trade Organisation) is, in my view, not the appropriate way to deal with a dispute between two hugely successful companies for whom there is adequate room for both to prosper in the global market," European Union Trade Commissioner Peter Mandelson said. (2)

Boeing is fighting back against Airbus after losing the lead in plane deliveries in 2003. It had previously dominated the market for decades. Washington has warned it could resume a World Trade Organization case, suspended in January, aimed at getting the government loans declared illegal under global trade rules.

Boeing has seen its share of market sales drop to 48 percent from 73 percent in 1993, losing its title as the leader in the $50 billion-a-year airliner market in 2003, when Airbus outsold it by 305 aircraft to 281. (2)

EADS and BAE Systems of the U.K. incorporated 80 percent and 20 percent with different owners of the company and the Airbus are fully consolidated in the EADS balance sheet. Airbus S.A.S. ("Airbus") was established in 1970 as a European consortium of French, German, and later, Spanish and U.K. companies. In 2001, Airbus formally became a single integrated company. (5)

President Bush will host the Summit on June 20, 2005. The United States and the European Union have an important and expanding agenda of global cooperation. Hope and pray that EU would Stop illegal under global trade rules for Unfair EU Subsidies at this critical time and cooperate and Stop EU subsidies for a long time unfair subsidies and harmonize the worldwide global market.

(1) Retrieved in May 20, 2005

http://news.airwise.com/story/view/1116631089.html

(2)Retrieved in May 20, 2005

http://seattlepi.nwsource.com/business/224833_boeingairbus19.html

(3) Retrieved in May 24, 2005

http://money.cnn.com/2005/05/18/news/international/aircraft.reut/

(4) Retrieved in April 30, 2005

http://www.wto.org/english/thewto_e/minist_e/minist_e.htm

(5) Retrieved in April 30, 2005

http://www.ustr.gov/

http://www.ustr.gov/Document_Library/Press_Releases/2005/April/Statement_of_Robert_J._Portman,_United_States_Trade_Representative.html

(6) Retrieved in April 30, 2005

http://www.useu.be/Article.asp?ID=33592521-8170-4268-9829-921D79E6098A