Business Case Studies,Corporate Governance & Business Ethics Case Study, Flour Corp's Business Ethics Practices: Creating Six Sigma Standards in Staying Corruption-Free

Code : ITF0033B

Year : 2005

Industry :Aircrafts and Ship Building

Region : :USA Europe

Teaching Note:Not Available

Structured Assignment :Not Available

Abstract: Boeing and Airbus, for long, had dominated the market for large passenger aircraft. The battle often took acrimonious turns with even the governments pitching in for the companies. One such issue cropped up in late 2004. In late 2004, the US accused the European governments of subsidizing Airbus, giving it an unfair edge over Boeing. They filed a complaint before the World Trade Organization (WTO) in this regard. European Union (EU) too filed a counter-complaint alleging indirect subsidization of Boeing through offer of military and space contracts. The three month time to resolve the issue mutually expired on April 6, 2005. Now, analysts were wondering what turn the issue would take