Emirates warns US-EU jet-tariff war will drive up travel costs

A face-off between the US and EU over jetliner tariffs risks making travel more expensive for passengers, Emirates has warned. Tit-for-tat import duties on Boeing and Airbus planes would ultimately increase the cost of the aircraft and hence also fares, Emirates president Tim Clark said Monday. “In the end, the prices of what we get charged as a result of tariff imposition will be passed through as they have to, to consumers, so prices are likely to rise,” Clark said. The US has said it will introduce a 10% levy on European jetliners following a WTO ruling that Airbus benefited from illegal state aid. The WTO is considering a similar case against Boeing that’s due to be decided next year and the EU says it will introduce tariffs of its own if the US acts now. <br/>