Airbus reports jump in Q1 profits and sticks to full-year forecasts despite Trump's tariff onslaught

Airbus CEO Guillaume Faury said he would export planes destined for U.S. airlines to other countries to avoid tariffs, the same tactic used during the previous EU-U.S. trade war, Business Insider reported.

Tom Enders spent decades in the air and armaments industry and long-term Airbus boss. He pleads for a consistent upgrade, but vehemently warns against relying only on conventional systems.

Airbus reports jump in Q1 profits and sticks to full-year forecasts despite Trump's tariff onslaught

European plane maker Airbus said Wednesday that it was sticking to its full-year forecasts for now, including delivery of around 820 aircraft, even though uncertainty over US tariffs has roiled supply chains worldwide. "We maintain the guidance that excludes tariffs, which are adding complexity and remain uncertain in terms of implementation, scope and duration," chief executive Guillaume Faury said in a statement. "We are closely monitoring and…

Airbus will avoid Trump tariffs by delivering planes to US airlines in countries outside America, its CEO says

Airbus CEO Guillaume Faury has a clever plan to avoid tariffs.Fabian Bimmer/REUTERSAirbus's CEO said it's exporting US airlines' planes to other countries to avoid tariffs.An A350 for Delta Air Lines is scheduled to fly from Toulouse, France, to Tokyo for delivery.It's the same tactic used during a previous trade war between the EU and the US.Airbus is working to avoid Donald Trump's tariff plan by sending planes to US airlines via other countri…

Airbus tells U.S. airlines they’ll need to pay their own tariffs

Airbus SE won’t cover the cost of tariffs on its planes imported by U.S airlines, setting up a clash with carriers. Find out more here

European aircraft manufacturer Airbus reported a net profit of 793 million euros in the first quarter of this year, up 33 percent from the same period last year. The company warned of the consequences of US import tariffs, mainly due to the high uncertainty associated with them, but still kept its full-year forecast unchanged.