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Airbus says higher tariffs on EU planes will harm US airlines, consumers
44575
* weird wizard1*
User ID: 534441
02-15-2020 09:57 AM

Posts: 4,027




Post: #1
cow Airbus says higher tariffs on EU planes will harm US airlines, consumers
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Airbus says higher tariffs on EU planes will harm US airlines, consumers

Washington's decision to raise tariffs on European planes will cost US consumers, Airbus has said. The increase in duties on planes built in Europe came after President Trump promised serious talks over a trade deal.

The White House on Friday raised tariffs on aircraft imported from the European Union, prompting Airbus to suggest there will be a knock-on effect that will hit US airlines already facing a shortage of planes.

The European planemaker also said that it would maintain communication with its US customers to "mitigate effects of tariffs insofar as possible" and hoped the Office of the US Trade Representative (USTR) would soften its stance. Airbus also said that it would be US citizens who end up bearing the brunt of the tariff increase.

[Image: 51644271_303.jpg]

https://www.dw.com/en/airbus-says-higher...a-52386524

“We need to prepare for the worst-case scenario, find the best solutions, and be ready to fight the longest battle”
"Zerohedge is the only source actually reporting outside the government propaganda"
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LoP Guest
lop guest
User ID: 534540
02-15-2020 10:09 AM

 




Post: #2
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
The EU wants a level playing field as long as it is tipped towards the EU and in it's favour, the US wants the same thing.. both are tariff monsters and killing free trade.. neither has the high moral ground and I can not see it being resolved anytime soon.
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44575
* weird wizard1*
User ID: 534441
02-15-2020 10:18 AM

Posts: 4,027




Post: #3
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 10:09 AM)
The EU wants a level playing field as long as it is tipped towards the EU and in it's favour, the US wants the same thing.. both are tariff monsters and killing free trade.. neither has the high moral ground and I can not see it being resolved anytime soon.

resolved anytime soon ?

are you in the US ? - you can vote in the election ... chuckle

“We need to prepare for the worst-case scenario, find the best solutions, and be ready to fight the longest battle”
"Zerohedge is the only source actually reporting outside the government propaganda"
Quote this message in a reply
LoP Guest
lop guest
User ID: 534540
02-15-2020 10:25 AM

 




Post: #4
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
44575  Wrote: (02-15-2020 10:18 AM)
LoP Guest  Wrote: (02-15-2020 10:09 AM)
The EU wants a level playing field as long as it is tipped towards the EU and in it's favour, the US wants the same thing.. both are tariff monsters and killing free trade.. neither has the high moral ground and I can not see it being resolved anytime soon.

resolved anytime soon ?

are you in the US ? - you can vote in the election ... chuckle

and how will that change the situation? seriously the US and EU have been playing this since the crash 2007/8, both have kept on erecting tariff walls to the outside world, unless you are one of those people that think this only started under Trump?

is that why you think this will end if you get your preferred candidate in office that you'll get a president that will fawn over the EU? a president that will hold Airbus as a much more important part of the US economy than US airline manufacturers?

Sorry, not going to happen and this is not going to end any time soon... regardless of who gets to sit in the big seat in the US, much in the same way no matter how much anyone changes the EU commission they'll be focused on raising those tariff walls..
Quote this message in a reply
44575
* weird wizard1*
User ID: 534441
02-15-2020 10:29 AM

Posts: 4,027




Post: #5
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 10:25 AM)
44575  Wrote: (02-15-2020 10:18 AM)
resolved anytime soon ?

are you in the US ? - you can vote in the election ... chuckle

and how will that change the situation? seriously the US and EU have been playing this since the crash 2007/8, both have kept on erecting tariff walls to the outside world, unless you are one of those people that think this only started under Trump?

is that why you think this will end if you get your preferred candidate in office that you'll get a president that will fawn over the EU? a president that will hold Airbus as a much more important part of the US economy than US airline manufacturers?

Sorry, not going to happen and this is not going to end any time soon... regardless of who gets to sit in the big seat in the US, much in the same way no matter how much anyone changes the EU commission they'll be focused on raising those tariff walls..

fish stinks from the head first ...

“We need to prepare for the worst-case scenario, find the best solutions, and be ready to fight the longest battle”
"Zerohedge is the only source actually reporting outside the government propaganda"
Quote this message in a reply
LoP Guest
lop guest
User ID: 534540
02-15-2020 10:38 AM

 




Post: #6
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
44575  Wrote: (02-15-2020 10:29 AM)
LoP Guest  Wrote: (02-15-2020 10:25 AM)
and how will that change the situation? seriously the US and EU have been playing this since the crash 2007/8, both have kept on erecting tariff walls to the outside world, unless you are one of those people that think this only started under Trump?

is that why you think this will end if you get your preferred candidate in office that you'll get a president that will fawn over the EU? a president that will hold Airbus as a much more important part of the US economy than US airline manufacturers?

Sorry, not going to happen and this is not going to end any time soon... regardless of who gets to sit in the big seat in the US, much in the same way no matter how much anyone changes the EU commission they'll be focused on raising those tariff walls..

fish stinks from the head first ...

if you mean that in the way the Turks use it then you are right to a degree, if looking at the world the big 4 (EU, US, China, Russia) have been engaging in a serious trade conflict since the crash of 2007/8...

Each time there is an election there is hope that the situation will change for the better but the drivers seem to be a change for the worse...

Airbus (along with US, and even the burgeoning Chinese) airline makers are stuck in a world descending into flight shaming etc... we have been at an economic tipping point for a white and it won't take a large push to tip things over... in my mind this virus (even if it is weak) is going to have enough of an economic push to set some dominoes in motion..

Of the 4 the EU and Russia are the weakest, and caught between both the US and China.. this virus is concerning at some many levels..
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LoP Guest
lop guest
User ID: 495191
02-15-2020 10:45 AM

 




Post: #7
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
Max the tarrifs out, there's far too many people aimlessly "traveling" as it is..
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LoP Guest
lop guest
User ID: 534540
02-15-2020 10:54 AM

 




Post: #8
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 10:45 AM)
Max the tarrifs out, there's far too many people aimlessly "traveling" as it is..

Flight shaming is becoming a serious issue for airline makers like airbus, and this virus, if it does start to close down the airspace is going to seem many airlines go broke very quickly.. and we will have a glut of airliners for sale..

the SARS outbreak saw Asia-Pacific airlines suffer a 35% revenue decline, now scale that up for this and the airlines are in huge trouble the world over.. which means the airline makers are also in deep trouble.

as a knock on effect from that it also means the tourist industry is taking a massive hit as is business travel.. when you see people stay away from events like London Fashion week you know there is trouble ahead which should see itself first appear in the aviation and tourist industries..

https://ihsmarkit.com/research-analysis/...ustry.html
Quote this message in a reply
LoP Guest
lop guest
User ID: 495191
02-15-2020 10:56 AM

 




Post: #9
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 10:54 AM)
LoP Guest  Wrote: (02-15-2020 10:45 AM)
Max the tarrifs out, there's far too many people aimlessly "traveling" as it is..

Flight shaming is becoming a serious issue for airline makers like airbus, and this virus, if it does start to close down the airspace is going to seem many airlines go broke very quickly.. and we will have a glut of airliners for sale..

the SARS outbreak saw Asia-Pacific airlines suffer a 35% revenue decline, now scale that up for this and the airlines are in huge trouble the world over.. which means the airline makers are also in deep trouble.

as a knock on effect from that it also means the tourist industry is taking a massive hit as is business travel.. when you see people stay away from events like London Fashion week you know there is trouble ahead which should see itself first appear in the aviation and tourist industries..

https://ihsmarkit.com/research-analysis/...ustry.html

Good.

Cruise ships will be hit even harder.
Quote this message in a reply
LoP Guest
lop guest
User ID: 533945
02-15-2020 11:11 AM

 




Post: #10
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 10:38 AM)
44575  Wrote: (02-15-2020 10:29 AM)
fish stinks from the head first ...

if you mean that in the way the Turks use it then you are right to a degree, if looking at the world the big 4 (EU, US, China, Russia) have been engaging in a serious trade conflict since the crash of 2007/8...

Each time there is an election there is hope that the situation will change for the better but the drivers seem to be a change for the worse...

Airbus (along with US, and even the burgeoning Chinese) airline makers are stuck in a world descending into flight shaming etc... we have been at an economic tipping point for a white and it won't take a large push to tip things over... in my mind this virus (even if it is weak) is going to have enough of an economic push to set some dominoes in motion..

Of the 4 the EU and Russia are the weakest, and caught between both the US and China.. this virus is concerning at some many levels..

Russia isn't big in anything other than land area, alcoholism and dangerously rusting nukes. As an exporter it ranks below the Netherlands, Singapore and Taiwan.
Quote this message in a reply
LoP Guest
lop guest
User ID: 534540
02-15-2020 11:22 AM

 




Post: #11
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
LoP Guest  Wrote: (02-15-2020 11:11 AM)
LoP Guest  Wrote: (02-15-2020 10:38 AM)
if you mean that in the way the Turks use it then you are right to a degree, if looking at the world the big 4 (EU, US, China, Russia) have been engaging in a serious trade conflict since the crash of 2007/8...

Each time there is an election there is hope that the situation will change for the better but the drivers seem to be a change for the worse...

Airbus (along with US, and even the burgeoning Chinese) airline makers are stuck in a world descending into flight shaming etc... we have been at an economic tipping point for a white and it won't take a large push to tip things over... in my mind this virus (even if it is weak) is going to have enough of an economic push to set some dominoes in motion..

Of the 4 the EU and Russia are the weakest, and caught between both the US and China.. this virus is concerning at some many levels..

Russia isn't big in anything other than land area, alcoholism and dangerously rusting nukes. As an exporter it ranks below the Netherlands, Singapore and Taiwan.

It is one of the big 4 who have erected the most tariff walls since the crash of 2007/8. Those 4 are the EU, US, China and Russia... between them they have managed a knock on effect that has increased protectionism on a global level... so yes, Russia is one of the big 4...

And as I said, it is weak, but weak in a different way to the Eurozone, the Eurozone has not taken on board the lessons learnt from the Eurocrisis and entering a new crisis with virtually no tools, and if the SARS outbreak is anything to go by (35% reduction in Asia_Pacific airline revenue) we could see a number of airlines go to wall in the short term which will push a glut or airlines onto the market and impact the airline makers from the US to China... protectionism and subsidy might end up being their own way of survival..

But we have crisis on top of crisis for the airlines, from flight shaming to US/China trade wars to Brexit to Virus outbreaks... and we are just starting to enter the final leg of that in terms of the finding out if the global economy can stand those multiple shocks...
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LoP Guest
lop guest
User ID: 533945
02-15-2020 12:53 PM

 




Post: #12
RE: Airbus says higher tariffs on EU planes will harm US airlines, consumers
Well I don't know about the scale back in the demand for flying based on "flight shaming" that may become an issue in Europe at some point but right now there are billions of potential new middle class flyers in China, India, S.E. Asia and South America who have yet set foot on an aircraft and dream of doing so in the next decade or two. That's a lot of Aircraft demand.

Not many people realise that Airbus is in the middle of a crisis of its own. It dates back ten year to the launch of the A320neo family of single aisle aircraft. The sales people booked an insane number of sales, more than any other aircraft launch, over 1,400 sales in the first year alone. Aircraft manufacturers overbook sales like airlines do, imagining some orders will be scaled back or cancelled. That didn't happen with the neo, orders kept coming in and existing orders held firm. Airbus is now sitting on over 6,000 orders for the neo not helped by launching a version last summer that can replace smaller widebody jets across the Atlantic, the A321XLR, that version has already sold 500 aircraft and has Boeing scared. Airbus also acquired the rights to a revolutionary single aisle aircraft now called the A220 for one Canadian dollar and subsequently booked another 500 sales for that.

To give you an idea of how much of an order backlog that presents to Airbus in the first 10 years of A320 production they delivered around 740 aircraft. The very earliest a buyer could negotiate a delivery for a new A320neo order placed today according to the Airbus chairman is 2025, no doubt with a hefty premium for the delivery slot. They have a plan to ramp up their production in all final assembly plants, Hamburg, Toulouse, Tianjin and Mobile but even now their suppliers are straining at the current lower production levels. If there was a 2,000 aircraft hole poked in the order backlog for single aisle aircraft I think Airbus would be happy. It would give them a chance to recover from their current position of being six months behind their own schedule and give some airlines the chance to jump ship from their 737MAX orders. The MAX is a tarnished and inferior aircraft and the only reason some buyers are holding on to their orders for it is because of the very long backlog of orders for the competitor, the A320neo.
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