Boeing CEO hails WTO ruling on EU subsidies to Airbus

BOEING-GB

Boeing Co's Chief Executive Officer welcomed a ruling on Thursday that found the European Union had not complied with remedies set by the World Trade Organization for subsidies to rival planemaker Airbus .

The ruling "finally holds the EU and Airbus to account for their flouting of global trade rules," Chief Executive Officer Dennis Muilenburg said in a statement.

(Reporting by Alwyn Scott; Editing by Chizu Nomiyama)