Washington State Jeopardizes Relationship With Boeing (BA) By Attempting To Bring In Airbus
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Washington state is courting EADS-owned Airbus as tensions rise over The Boeing Company's (NYSE:BA) apparent determination to abandon the state amid labor difficulties and build aircraft out of state, according to a Thursday report.
Washington state officials have been traveling to Airbus’ U.S. headquarters in Virginia over the past couple of months in order to connect in-state aircraft suppliers and Airbus, according to an Associated Press report citing documents the news agency obtained.
Additionally, the report said the state officials signed a five-year confidentiality agreement to allow Airbus to explore further opportunities in the state.
One expert cited in the report said it was a dangerous move that could jeopardize the state's relationship with Boeing and may be related to the company's decision to move its headquarters to Chicago and open a 787 plant in South Carolina.
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