Fasten Your Seat Belts
Few industrial rivalries are as intense and bitter as the transatlantic, multibillion-dollar dogfight between U.S. airplanemaker Boeing and its France-based nemesis, Airbus. Besides the verbal vitriol the companies consistently exchange — Airbus CEO Noël Forgeard recently accused Boeing of conducting a "campaign of untruths" — governments on both sides of the Atlantic have occasionally pushed the boundaries of diplomacy in trying to promote their respective national champions. Skyrocketing fuel prices and cut-back purchase plans have made the battle fiercer than ever, and last week a full-scale trade donnybrook erupted. Fulfilling a campaign promise, the Bush...

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