More Airbus Headaches: ICAO Wants Greater Separation

ICAO's final approach rule for the A380 changes the cost calculus for airports such as Heathrow, which depend on constant traffic flow for profit margin.</

Airbus is owned jointly by interests in France, Germany, Spain and - for now - Britain. It enjoys government guarantees for loans to develop new aircraft. If the model is a flop, the taxpayer foots the bill. Aid in one form or another is estimated by critics to be $1 billion (£540 million) over the years. Boeing in turn is cross-subsidised by fat contracts from the US Defence Department and spin-offs from Nasa space research, allegedly amounting to $29 billion of aid since 1992.

It will take the best minds at the World Trade Organisation to untangle this thicket

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