The World Trade Organisation has ruled against the European Union over subsidies to planemaker Airbus.<br /><br /> The global trade body says the EU has failed to comply with its earlier rulings that billions of euros of European government loans to Airbus were illegal state aid. <br /><br /> WTO panel issues compliance report on US challenge to EU aircraft subsidies #TradeDisputes https://t.co/Q8cnFnYZHx— WTO (@wto) September 22, 2016<br /><br /> The WTO has sided with Boeing, saying the loans were a “genuine and substantial” cause of significant lost sales by the US aviation giant.<br /><br /> The United States said Airbus had failed to undo subsidies worth $22 billion, including $4 billion for the A350.<br /><br /> US Trade Representative Michael Froman said the subsidies had cost US workers exports worth tens of billions of dollars.<br /><br /> “We expect the EU, Germany, France, the United Kingdom, and Spain – some of our closest trading partners – to respect WTO rules. We call on them to end subsidised financing of Airbus immediately,” he said in a statement.<br /><br /> It is the latest round in a bitter dispute that has been raging for 12 years with Boeing and Airbus accusing each other over government subsidies.<br /><br /> EU hints at appeal against new WTO report on Airbus subsidies https://t.co/9WucFmUeJA pic.twitter.com/UIG8NQ46lO— Reuters World (@ReutersWorld) September 22, 2016<br /><br /> “We are closely analysing the report,” the European Commission said. Brussels called the WTO findings “unsatisfactory” and is likely to appeal against them.<br /><br /> In earlier findings, the WTO ruled that both Airbus and Boeing received unfair subsidies worth billions of dollars.<br />
