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Monday, August 16, 2004

Free Trade in the Sky

"The European Union has indicated that it would be ready to cut aid to Airbus, the world's biggest plane maker, if Washington were prepared to do the same for Boeing." Good news from EUobserver. Apparently, Bush commented on this on Friday and the EU said "we will if you will" regarding support for the aeronautical manufacturers. See also Forbes.com. Deutsche Welle has comments as well, but tend to feature American support for Boeing much more. As long as the preferences and subsidies end, I don't care who blames who for the current favoritism. The competition will be good for everyone.

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