The World Trade Organization is now set to rule what is being considered as one of the biggest trade disputes ever between Airbus and Boeing. The US plane maker is now accusing the EU of handing out illegal subsidies to Airbus. It is also believed that the World Trade Organization agrees.

This kind of decision would change the way one of the world’s biggest plane manufacturers goes about getting their funding for development. Of course, in light of this dispute, the EU has come out and counterclaimed against the US for its support of Boeing.

The World Trade Organization’s judgment will be made soon with a final decision expected in three to four months. This announcement comes following over five years of deliberations. After a judgment is made, the findings will be released to Boeing and Airbus, but not to the public.

The chief executive of Airbus’s parent company EADS, Louis Gallois, said that he believes that his company has a very good case. Experts go on to say that the World Trade Organization’s decision is going to set the boundaries for acceptable government funding when it comes to civil aviation.

The senior strategist at BGC Partners said that the whole World Trade Organization process is going to take about four to five years. Thus, they should have a final statement around 2013. He went on to note that Airbus and Boeing have to find terms so that they are able to work together based on whatever the World Trade Organization rules.

Just recently Lord Mandelson said that the UK would actually be lending Airbus money to develop a new wide body plane. A spokesman for the US Trade Representative said that the UK load was a big step in the wrong direction.