Boeing and Airbus have both claimed victory in the World Trade Organisation (WTO) ruling over illegal subsidies given to Airbus by European Governments.

The WTO’s 1,000-page confidential ruling regarding the dispute, which was brought by Washington against the EU over alleged subsidies paid to Airbus, is only known to the two parties involved in the litigation.

According to Boeing, the WTO ruling is a powerful, landmark judgement and good news for aerospace workers across America who for decades have had to compete against heavily subsidised Airbus.

The US-based firm claims the US has prevailed on all of the major issues in the WTO’s final decision, while Airbus asserts that the ruling has rejected 70% of the US claims.

Boeing said that European subsidies to Airbus adversely distorted the global market for large commercial airplanes, affecting jobs. This was countered by Airbus, which claimed that no material injury had been indicated by the WTO.

According to Airbus, the WTO panel also determined that reimbursable EU loans to the firm were legal and a compliant instrument of partnership between government and industry.

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The French firm did admit a certain element of subsidy had been found by the panel on past loans.

Airbus also claimed the panel refused the US request for remedies as legally inappropriate.

Boeing expects the decision to level the ground with Airbus and set an important precedent for other nations with aspirations to enter the commercial airplane business.

The decision had already been issued confidentially in the form of an interim ruling by the WTO in September 2009.