Airbus adopts WTO rules to appease Washington

Clap of an end in sight in the long-term dispute over public subsidies to Airbus and Boeing? An initiative taken by the European aeronautics giant opens a way out for the United States and the European Union (EU), which have been fighting before the World Trade Organization (WTO) since 2004. Each party accusing the another of illegal support for its national champion.

Read also: Is Airbus taking advantage of the crisis to restructure?

Airbus announced on Friday that it had fully complied with WTO rules. The group has signed an agreement with France and Spain, which confirms an increase in the interest rates attached to the repayable advances granted by the two countries to help finance the A350 in the mid-2000s. These rates will be aligned with those observed on the financial markets. Until now, Airbus had benefited from more advantageous preferential rates. A similar agreement was reached in 2019 with Germany. Airbus had also agreed to repay the advance granted by the United Kingdom. "In total,

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