Monday 14 October 2019

Emirates Warns Airbus-Boeing Tariff War Will Push Up Fares - Bloomberg

Emirates Warns Airbus-Boeing Tariff War Will Push Up Fares - Bloomberg:

A face-off between the U.S. and European Union over jetliner tariffs risks making travel more expensive for passengers, the world’s biggest long-haul airline has warned. 


Tit-for-tat import duties on Boeing Co. and Airbus SE planes would ultimately increase the cost of the aircraft and hence also fares, Emirates President Tim Clark said Monday in Dubai, where the carrier is based.

“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 in a speech at the 2019 Aviation Show.

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