By Benjamin Katz
Airbus Chief Executive Guillaume Faury has set the stage for a tussle with U.S. airline customers, saying the planemaker won't cover the cost of tariffs for imported aircraft.
"We will not, as far as Airbus is concerned, pay tariffs for planes that are going to the U.S.," Faury told reporters after the company announced its first-quarter earnings. "We are sitting with them to find ways to deal with it in the short term."
Airlines including Delta and American have said they won't pay any additional fees on aircraft they're due to take this year. Delta has said it could defer delivery of planes.
Airbus said it is still working through the impact of tariffs, but that its guidance for the full-year was now dependent on how the situation plays out. Faury said Airbus is working with European authorities to push for a return to a trade agreement dating back to 1979, which mostly exempted civil aerospace from duties.
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(END) Dow Jones Newswires
April 30, 2025 13:02 ET (17:02 GMT)
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