A World Trade Organisation (WTO) compliance panel ruled on 22 September that the European Union has failed to comply with its obligation to remedy the massive subsidies European governments have provided to create and sustain Airbus for more than 40 years. Rather than comply with their WTO obligations to remedy the US$17 billion in past subsidies provided to Airbus, the WTO found that EU Member States provided Airbus with new launch aid – reportedly almost $5 billion – so they could launch … [Read more...] about EU failed to remedy 40 years of Airbus subsidies: WTO