Boeing and Airbus said today that they will cooperate on the development of the next generation of air traffic control systems intended...
GENEVA — Boeing and Airbus said today that they will cooperate on the development of the next generation of air traffic control systems intended to eliminate congestion at airports.
Scott Carson, president and CEO of Boeing’s Seattle-based commercial arm, said the rival plane makers would join forces to ensure that new air traffic systems being developed in Europe and the United States are fully interoperable.
Carson made clear that outside of agreements to ease congestion and new efforts to make the industry more environmentally friendly, the fight for new contracts will be as intense as ever.
“You can rest assured that we will continue to compete aggressively,” Carson told reporters at an aviation industry meeting in Geneva.
Most Read Business Stories
- 6 Dr. Seuss books won't be published for racist images
- Amazon sued by Black cloud-computing manager over alleged racial discrimination and sexual harassment
- The penthouse atop Smith Tower is on the rental market for the first time
- Frontier cancels flight, citing maskless passengers
- Biden vows enough vaccine for all US adults by end of May
“We need to cooperate where possible for the good of the environment,” Airbus Chief Executive Tom Enders said.
Airbus earlier quashed speculation that it might settle commercial differences with Boeing that have led to a protracted legal battle at the World Trade Organization.
The U.S. and EU have accused each other of providing billions in illegal subsidies to the companies. The United States says EU subsidies have enabled Airbus to capture long-standing Boeing customers. The EU counters that Boeing receives U.S. federal and state tax breaks, development funding and grants, as well as vast amounts of military contracts.
A WTO ruling is expected later this year in the biggest commercial dispute in the organization’s 13-year history. It is estimated to be worth $3 trillion over the next two decades.