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by somecontext 2934 days ago
This page makes the case that Boeing's large commercial aircraft division is subsidized in some detail: http://trade.ec.europa.eu/doclib/html/146484.htm
1 comments

Thank you. What's glaringly missing is what timescale these figures cover. Annual? Aggregate? It's also pretty clear that the figures have no relevance to the 747.

Tax abatements are not subsidies.

Here's the rebuttal to your link:

http://www.boeing.com/company/key-orgs/government-operations...

In particular,

"The USG's defense against the charges noted that the NASA and DoD contracts in question were arms-length commercial transactions where Boeing was paid for research commissioned by the two government agencies. The USG further noted that the NASA research projects were undertaken for public benefit, and that the results and benefits were widely shared, including with Airbus."