Common Contracts
1 similar Us Agreement contracts
EU – US Agreement on Large Civil Aircraft 1992: key facts and figures -Us Agreement • October 7th, 2004
Until the late 70s the US enjoyed almost a de facto monopoly in the Large Civil Aircraft (LCA) sector. The Airbus consortium (created in 1969) started competing effectively in the 80s. At that stage the US became concerned about the European competition and the alleged subsidies paid by the European governments for the developments of the early models of the Airbus family. This became a major issue of contention, as the European side was equally concerned by subsidies accruing to US LCA manufacturers through NASA and Defence programmes.
