Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Aeroplane makers investigated

Friday 27 November 1998 01:02 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

AIRBUS AND BOEING, the world's two largest plane makers, are under investigation by competition authorities over allegations of price-fixing. The United States Federal Trade Commission launched the probe after both companies revealed plans to increase prices on new orders. Boeing said earlier this year it would increase list prices on most of its aircraft by 5 per cent while Airbus announced a 3 per cent increase.

Boeing and Airbus were asked to submit pricing information and answer preliminary questions by the end of last month. Airbus - 20 per cent owned by British Aerospace - insisted there had been no collusion to fix prices.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in