Boeing to Weigh Options for Future of Popular 737

[GHarrall 494]

Military or Commercial...the money ends up in Boeings coffers. There are two sides to every story. You will note that the WTO also rejected 70% of Boeings original claim in the final report."In Brussels, Mandelson argued that Boeing has received more than $29 billion in support from U.S. federal and state governments, defense contracts and launch investment since 1992, compared to Airbus, which has only received $3.7 billion.According to the European Commission trade office, Boeing has received $3.2 billion worth of tax incentives and $4.2 billion in subsidies for infrastructure from Washington state, $1.6 billion in launch investment from Japan and more than $20 billion from research and development funding from NASA and the U.S. Department of Defense."Source - http://www.spacedaily.com/news/aerospace-4zg.html"Like Boeing, Airbus parent EADS has a defense business, but it is a far smaller proportion of revenue and not as profitable."Source - http://www.forbes.com/2009/09/11/wto-airbus-ruling-business-oxford-analytica.html"The core of the EU's challenge is the lavish R&D support provided by the US Department of Defense and NASA through various means, as well as Boeing-specific support provided at state and local level, such as subsidy packages tailor-made for Boeing in the states of Washington, Kansas and Illinois," the EU says in a statement.It estimates the total value of subsidies offered by the US Government and US states to Boeing at $23.6 billion. "The support clearly aims at weakening Airbus' position and competitiveness and boosting that of Boeing," it adds. Source - http://www.flightglobal.com/articles/2007/09/27/217255/ec-puts-forward-counter-case-in-wto-airbus-boeing-dispute.html