Airbus, Boeing brace for crucial phase in subsidies dispute

Geneva

THE world's two largest jetmakers are bracing for the next round in a transatlantic spat over billions of dollars of aircraft subsidies, amid accusations of widening US support for Boeing and persistent European aid to Airbus.

After a year-long lull, the world's biggest trade dispute will enter a crucial phase in coming months, potentially casting a shadow over faltering efforts by the European Union and United States to negotiate a wider free-trade deal.

At stake are m…