Get Ready To Pay The Price Of Tariffs: GE Is Already Passing Costs To Customers - GE Aerospace (NYSE:GE), Boeing (NYSE:BA)
4 Articles
4 Articles
Get Ready To Pay The Price Of Tariffs: GE Is Already Passing Costs To Customers - GE Aerospace (NYSE:GE), Boeing (NYSE:BA)
GE Aerospace Inc. to raise prices due to $500 million cost burden from trade tariffs, impacting airlines and passengers. CEO Larry Culp shares plans.
US Tariffs Could Put Air Safety at Risk, Aerospace and Airline Industries Warn
WASHINGTON (Reuters) – New tariffs on imported commercial aircraft, jet engines and parts could put air safety and the supply chain at risk or trigger other unintended consequences, groups representing global aerospace companies and U.S. airlines warned on Tuesday. The industry already faces 10% tariffs on nearly all imported planes and parts after U.S. President Donald Trump announced sweeping duties on trade partners in April. Last month, the …
US’s Breeze Airways downplays tariff threat on new aircraft
David Neeleman, chief executive of Breeze Airways (MX, Salt Lake City), has downplayed the impact of tariffs on its new A220-300 fleet, although he acknowledged that manufacturing these aircraft in Canada does come with an aggregated cost at the moment due to the ongoing trade war the United States government has been pursuing with the rest of the world. In an interview with Bloomberg, Neeleman acknowledged that the new jets coming in do now fac…
The company believes the machines will be part of new trade balance agreements
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