Gregory Polek has spent his entire career in aviation journalism with AIN, starting as a proofreader and assistant to then-managing editor Mary Mahoney in 1995 after serving an internship with&nbsp;New Jersey Monthly&nbsp;magazine and completing his B.A. degree in English/Writing at New Jersey’s William Paterson College. By 1997 Polek accepted a position as an associate editor, covering the regional airline beat for&nbsp;Aviation International News&nbsp;in place of retiring industry veteran Don Anderson. The assignment took Polek across North America and Europe to profile regional airlines varying in size and mission from the likes of floatplane operators Kenmore Air and Chalk’s Ocean Airways to regional jet operators such as SkyWest and American Eagle. Today, in his dual role as Air Transport Editor and International Airshow Editor, Polek writes, edits, and manages AIN’s commercial aviation content while overseeing each of the company’s daily international air show publications in Paris, Farnborough, Singapore, and Dubai. Most recently Polek has assumed oversight of daily coverage of the Helicopter Association International’s annual Heli-Expo convention.

Senior Editor

Gregory Polek

The European Union and the U.S. have agreed to suspend the application of tariffs arising from the 17-year dispute over subsidies to Airbus and Boeing for five years while the sides formulate “a forward-looking, collaborative platform to address bilateral issues as well as global challenges,” the European Commission confirmed Tuesday. According to a written statement, the sides will collaborate on analyzing and addressing “non-market practices” of third parties that could harm their large civil aircraft industries.

 


“With this agreement, we are grounding the Airbus-Boeing dispute,” said European Commission executive vice-president Valdis&nbsp;Dombrovskis. “It proves that the transatlantic relationship is now moving to the next level&nbsp;and that we can work with the U.S. on tackling long-running disputes. We now have time and space to find a lasting solution through our new working group on aircraft, while saving billions of euros in duties for importers on both sides of the Atlantic.”

 


Apart from the five-year suspension of countermeasures, the EU and U.S. agreed to establish a working group on large civil aircraft led by each side's respective trade minister and commit to providing financing solely on so-called market terms. They also agreed to provide research and development funding through” an open and transparent process” and make the results of full government-funded R&amp;D widely available. The agreement prohibits R&amp;D funding and support such as specific tax breaks to producers that would harm the other side. Finally, the sides agreed to work together on addressing third-party practices that might harm their respective airliner manufacturing industries.

 


The longest-running subsidy case in history, the dispute started in 2004, when the U.S. filed a complaint with the  World Trade Organization (WTO) against the EU over illegal subsidies to Airbus. The EU then filed a case against the U.S. in May 2005 for what amounted to subsidies to Boeing.  &nbsp;

 


Following WTO decisions, the U.S. in October 2019 and the EU in November 2020 imposed punitive tariffs on each other's exports, including 15 percent duties on aircraft, affecting a total of $11.5 billion of trade&nbsp;between the two sides. As a result, EU and U.S. businesses have had to&nbsp;pay over $3.3 billion in duties, according to the European Commission.&nbsp;

 


During an online press briefing held by Airbus early Tuesday, company chief commercial officer Christian Scherer welcomed the news out of Brussels on the subsidy settlement. “You don’t have to take that from Airbus as a fairly obvious statement to make,” he said. “Just ask our customers, ask the market whether airlines are in favor of tariffs here or there. Obviously, they’re not.”

 


Scherer also confirmed earlier reports that Airbus has begun studying the prospect of a freighter version of the A350, adding that the strength of the freighter market during the pandemic has “exacerbated” Airbus’s relative lack of presence in the segment. “What do we do when we realize something? Well, we react to it,” he said, adding that a launch would come when the company closes its business case.

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

EU, U.S. Reach Deal on Airbus-Boeing Subsidy Dispute

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