1359 GMT - Europe's commercial aerospace groups are more vulnerable to the new U.S. tariffs than defense companies because of their complex global supply chains, Quilter Cheviot analyst Matt Dorset says. In addition, Airbus has a substantial part of its order backlog from U.S. airlines, he says. The aircraft maker may shoulder some of the extra costs but it will largely pass them onto airlines, Dorset adds. Meanwhile, Europe's largest arms exporters to the U.S., such as BAE Systems, have production plants there. This insulates defense groups from the tariff threat, he adds. Airbus shares are down 2.65% at 158.36 euros, while BAE Systems is up 3.4% at 16.25 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 10:00 ET (14:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。