New U.S. tariffs could hurt Boeing more than Airbus, says European manufacturer's CEO
Guillaume Faury, CEO of Airbus, has expressed concern over the potential implementation of trade tariffs between the United States and Europe, warning that such measures could have a greater impact on Boeing than on Airbus. His remarks were made during the Airbus Summit conference held in Toulouse, France, amid reports that U.S. President Donald Trump is considering new tariffs across various sectors starting next month.
"These tariffs would place a significant burden on both sides," Faury said in an interview with Bloomberg TV. However, he added that the impact could be more challenging for Boeing due to the structure of its production chain.
According to our partner outlet Aeroin, unlike Boeing—which manufactures all its aircraft within the United States—Airbus has a more geographically diverse production network, including facilities in Europe and China, as well as a final assembly line in Mobile, Alabama. This global distribution could help Airbus cushion the effects of new trade restrictions.
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Faury also emphasized Airbus’s deep integration within the U.S. aerospace industry, highlighting the significance of its American operations. He noted that, so far, there have been no concrete signs of tariffs specifically targeting the aerospace sector.
Reflecting on previous trade tensions, Faury referred to the tariff dispute five years ago, describing it as harmful to both sides and one that was ultimately resolved through a bilateral agreement.
In relation to the defense and space sectors, Faury called for greater unity among European countries and companies. He stressed the importance of collaboration on large-scale joint initiatives as a means to strengthen regional competitiveness and collective security.
AUTOR
Desde 2017, haciendo periodismo aeronáutico. Award-Winning Journalist: Ganador de la edición 2023 de "Periodismo de Altura", otorgado por ALTA. Facts don't care about your feelings.
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