More than 60,000 jobs have been lost in the commercial aviation industry in the United States since 1999.
Norm DicksDuring the past 30 years, European governments have provided more than $15 billion in the form of low- and no-cost loans to Airbus for the specific purpose of developing new aircraft lines.
Norm DicksOver 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies.
Norm DicksThese subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
Norm Dicks