Delta says new US tariffs on Airbus will hurt profits, inflict 'serious harm'

Delta warned Wednesday that new US tariffs on Airbus planes “will inflict serious harm on US airlines” and shrink the company’s profits. Airlines are bracing for new tariffs of at least 10% on European aircraft after the World Trade Organization said the United States could impose tariffs in response to illegal aircraft subsidies. A Delta spokeswoman said “imposing tariffs on aircraft that US companies have already committed to will inflict serious harm on U. airlines, the millions of Americans they employ and the traveling public.” The company said the tariffs “will also reduce Delta’s profits.”<br/>