Airbus sees no major 2019 impact from possible US tariffs
Possible US tariffs against Airbus aircraft and European parts are unlikely to have a major impact on the planemaker's 2019 results, but disruption cannot be ruled out, its CE said. Monday, Guillaume Faury said the main risk was that airlines would refuse to buy Airbus jets because of the risk that repeat purchases would be rendered uneconomic by future tariffs. The World Trade Organisation has at least partially approved a US request to impose tariffs on EU aircraft and other goods as part of a 15-year trade dispute in which the EU is also preparing similar action against the US. Analysts say airlines tend to renew their fleets only every 15 years or so, meaning long-term risks must factored in whenever they are making purchase decisions. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-09-17/general/airbus-sees-no-major-2019-impact-from-possible-us-tariffs
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Airbus sees no major 2019 impact from possible US tariffs
Possible US tariffs against Airbus aircraft and European parts are unlikely to have a major impact on the planemaker's 2019 results, but disruption cannot be ruled out, its CE said. Monday, Guillaume Faury said the main risk was that airlines would refuse to buy Airbus jets because of the risk that repeat purchases would be rendered uneconomic by future tariffs. The World Trade Organisation has at least partially approved a US request to impose tariffs on EU aircraft and other goods as part of a 15-year trade dispute in which the EU is also preparing similar action against the US. Analysts say airlines tend to renew their fleets only every 15 years or so, meaning long-term risks must factored in whenever they are making purchase decisions. <br/>
