World News: 05:53 GMT Sunday 2nd June 2019. [Yahoo Business News Feed via SPi World News]
Airbus has written to airline leaders to appeal for their backing in a trade dispute with rival Boeing, warning of higher aircraft prices and passenger fares if the United States and European Union descend into a tariff war. The appeal was issued in a letter to several airline bosses meeting in Seoul where the International Air Transport Association has warned of the impact of broader global trade tensions, a person familiar with the issuance of the letter told Reuters. The United States and Europe have been locked in a 15-year spat over mutual claims of illegal aid to plane giants.
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