Categories
GeekWire

Boeing claims edge in jet subsidy battle

Composite wing center
Boeing’s 777X composite wing center was built in Washington state after lawmakers approved tax incentives for the company. (Boeing Photo)

An appeals panel for the World Trade Organization has reversed an earlier ruling against an $8.7 billion Washington state tax incentive program that persuaded the Boeing Co. to build the 777X jet at its plant in Everett, Wash.

Boeing hailed the Sept. 4 reversal as a “significant victory” for the federal Office of the U.S. Trade Representative and the U.S. aerospace industry, and a “resounding defeat” for the European Union’s efforts to justify subsidies to Airbus.

The ruling “confirms that the tax treatment Boeing and others are receiving in Washington state is not a prohibited subsidy,” Boeing said in a statement.

Get the full story on GeekWire.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

Leave a Reply