Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry

Published On Feb 20, 2025, 1:53 PM

Airbus is preparing for potential new U.S. tariffs under President Trump's administration and is set to pass on any increased costs to its American airline customers. This uncertainty comes as Airbus reported a 12% rise in net profit in 2024 and a significant lead in aircraft deliveries compared to Boeing. The CEO emphasized the need for collaboration among European nations in defense as the U.S. is seen as retreating from its traditional security role.