Boeing has won a victory in a long-running dispute with European rival Airbus.
The World Trade Organization has reversed a ruling that Boeing received prohibited support for its newest aircraft Boeing 777. The ruling is win for Boeing as Airbus complained about Boeing receives subsidies up to $9bn in terms of tax exceptions.
Airbus say Washington state has given Boeing tax breaks worth about $9bn (£7bn) and which were sufficient to shut out imports.
However, Boeing said the tax breaks amounted to no more than $1bn and said “The WTO has rejected yet another of the baseless claims the European Union has made,”
But Airbus said ”the ‘game’ is far from over” as other complaints over alleged aid are still to be resolved.
The Airbus and Boeing have been locked for years in a sprawling set of disputes at the Geneva-based WTO.