10% tariff hike on Airbus adds to supply disruption for US airlines


by   |  VIEW 262
10% tariff hike on Airbus adds to supply disruption for US airlines

Following a World Trade Organization (WTO) ruling last week that had proffered the United States the rights to incline an additional duty of 10 per cent on $7.5 billion worth of European goods on aircraft subsidy issue, US airliners were languishing lavishly to grapple with a tariff hike on Airbus aircrafts amid a sweeping ban on Boeing Co.’s best-selling Max 737, threatening to wreck additional havoc on a US aviation market which had already been bushed by frozen deliveries of Boeing Co.’s 737 Max as beforementioned.

Meanwhile, calling the additional levies ‘unfair’ over the European Airbus-made aircrafts which had already been under contract with US airliners, in a statement published late on Thursday (October 3rd), Atlanta, Georgia-based US airliner, Delta Air Lines said, “An unfair tax on U.S.

consumers and companies. ” Nonetheless, Since Delta Air Lines had not been a Boeing Co.’s 737 Max customer, its flight schedules remained insulated from impacts of an almost six-month long global grounding of Boeing Co.’s Max 737, but Delta Air Lines’ 266 aircrafts of Airbus had exposed the Georgia-based US airliner the most to an additional duty of 10 per cent scheduled to take effect by October 18th.