Update: Boeing Urges US to Seek Transparency on EU's EUR3 Billion Loan to Airbus

03:16 AM EDT, 07/23/2026 (MT Newswires) -- (Updates to add European Commission statement) Boeing (BCO.F) urged the US government to seek greater transparency from the European Union regarding a proposed 3 billion-euro financing package for Airbus (AIR.PA, AIR.F), Reuters reported Tuesday, citing a letter written by Boeing to US Trade Representative Jamieson Greer. Boeing requested that Greer seek full accounting terms of the financing, which was awarded by the European Investment Bank, the EU's lending arm, on June 29. The request comes only days after Washington and Brussels agreed to extend their pause on tariffs for jet subsidies. A European Commission spokesperson told MT Newswires that the loan from the European Investment Bank is intended to bolster the European aerospace sector, adding that the amount is in line with the EIB loan mechanism and not a subsidy. "The loan is unrelated to the agreed extension of the LCA truce, and should not affect that extension," the spokesperson added. Boeing and Airbus did not immediately respond to requests for comment from MT Newswires.