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The recent decision by All Nippon Airways of Japan to buy planes worth $2.25 billion from Boeing Co. has the European Union furious.
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The Iraq war has put strains on some U.S.-European relations, and this flap over the Boeing deal may be evidence that the fallout is being extended to trade.
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Romano Prodi, president of the European Commission, is upset that the order for as many as 45 aircraft did not go to the European aerospace company, Airbus Industrie.
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Prodi is protesting in general that Boeing has an 80 percent share of the Japanese aircraft market. Airbus has only 18 percent. He lodged a complaint with the Japanese government, calling the deal "not fair."
Life's not fair. For ever action, a reaction will come.
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Thursday, May 15, 2003
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Posted by Scott at 9:37 PM
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