Importers on both sides of the Atlantic will save billions in retaliatory tariffs for imports.
U.S.-EU pact suspends punitive tariffs and could spur collaboration to fend off Chinese expansion in the commercial aircraft industry.
The waitlist for new Airbus planes is seven years long.
The US argues that Europe illegally subsidizes Airbus, and the WTO is backing its new tariffs. But Europe launched a similar complaint against Boeing.
It's no accident that European food and wine is about to get more expensive in the U.S.
The organization has given the U.S. permission to impose tariffs on up to $7.5 billion worth of EU exports per year.
Europe braces for renewed hostilities with the United States over import tariffs.
The fatal crash of Ethiopian Airlines flight 302 is prompting some Americans to establish whether their upcoming flights are on a Boeing 737 Max 8, the same kind of jet that crashed Sunday. Two U.S. carriers operate that type of plane — Southwest Airlines and American Airlines — and both are standing behind the safety […]
Once touted as an aircraft for the future, the Airbus A380 was supposed to offer international carriers with an appealing, if massive, option for long-haul flights. Now the A380 appears to be on life support. Emirates airlines has scaled back purchases of the aircraft, and Airbus is expected to fully shut down production soon. Airlines are […]
This weekend marks two years since Britain held its referendum on exiting the European Union and voters told their leaders they want to leave the bloc. Since then, the British government has been negotiating the conditions of Brexit on issues such as the single market, customs union and movement of labor. The scheduled exit date, […]