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Post by kevin5345179 on Feb 15, 2020 1:13:04 GMT 1
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Post by marlibu on Feb 15, 2020 4:38:45 GMT 1
Exactly how does this affect Airbus? The Tariffs are paid by either the Airlines or lessors. In essence, these tariffs are punishing Anerican companies for buying a European product. In addition,frames delivered from Mobile are exempted..who does this benefit and or hurt???
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Post by fanairbus on Feb 15, 2020 9:25:17 GMT 1
USA raises tariffs on EU aircraft to 15% By Pilar Wolfsteller15 February 2020 www.flightglobal.com/aerospace/usa-raises-tariffs-on-eu-aircraft-to-15/136776.articleThe Office of the US Trade Representative has raised its tariffs on large European aircraft to 15%, up from the 10% levy implemented last October, in an ongoing dispute over subsidies. “The United States is increasing the additional duty rate imposed on aircraft imported from the EU to 15% from 10%, effective March 18, 2020, and making certain other minor modifications,” the USTR says in a statement published on 14 February. ...While US carriers with large Airbus fleets such as Delta Air Lines and JetBlue will receive some of their deliveries from Mobile, the majority of Airbus aircraft are still manufactured at the company’s European hubs of Hamburg and Toulouse. It is unclear as to what the effect of these increased tariffs will have on the affected airlines, as well as the traveling public who may ultimately pay higher fares as a result. Airbus has been working to mitigate the impact of tariffs since they were initially imposed. Chief executive Guillaume Faury stated at a briefing on 13 February that the tariffs have had a ”direct imipact” on its US commercial aircraft customers which “we are working to manage”.
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Feb 15, 2020 12:28:30 GMT 1
Exactly how does this affect Airbus? Tariffs are intended to make imported goods more expensive to buy, hence less competitive. I don't know exactly how Airbus can mitigate the consequences for its customers, except perhaps by selling some parts and services separately while decreasing aircraft price. The key moment should be when WTO rules on the Europe vs USA case. If the EU is entitled to tax US aircraft imports, then a settlement ending tariffs on both sides will eventually be agreed upon. EDIT : I wonder whether after Brexit the UK will be free of such tariffs (not initially, I suppose), though anyhow I doubt Airbus could ship air frames and their Rolls-Royce engines to the USA separately ...
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mjoelnir
in service - 2 years
Posts: 4,089
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Post by mjoelnir on Feb 15, 2020 12:38:56 GMT 1
Exactly how does this affect Airbus? The Tariffs are paid by either the Airlines or lessors. In essence, these tariffs are punishing Anerican companies for buying a European product. In addition,frames delivered from Mobile are exempted..who does this benefit and or hurt??? I assume that Airbus has given it's USA customers discounts to the tune of the tariffs.
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Post by ff on Feb 15, 2020 12:41:55 GMT 1
Does anyone know how does US government define importing aircraft? What about the lease company?
1. If an US airline short-lease an aircraft from an European or Asian leasing company, does that count as import? 2. Does any frame delivered through Mobile count as import or not? 3. If an US leasing company accept a new frame from Airbus, then lease to an European or Asian airline, does that count as import?
Will we see a rush in TLS to complete the orders for Delta in the next 32 days? Both new A350 frames (MSN395 and MSN404 are out of FAL already), the four A330s (MSN1949 is near complete, 1953 is about to do flight test, 1957 is in fcs already, 1962 is out of FAL as well).
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Feb 15, 2020 12:58:12 GMT 1
Does anyone know how does US government define importing aircraft? What about the lease company? This matter is defined by international agreements on customs, and on tariffs and trade, not by internal law. From what I remember, it doesn't matter whether a good is sold or leased : if it is introduced into a country and offered for consumption/put into service there, then it is subject to existing duties. If it is introduced but reexported without being offered for consumption/put into service, then it enjoys a suspension regime between importation and reexportation.
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Post by fanairbus on Feb 17, 2020 9:29:51 GMT 1
Tariff hike only deepens US airlines’ misery: Airbus By David Kaminski-Morrow16 February 2020 Airbus has criticised the US government’s decision to increase tariffs on imported aircraft, claiming it simply exacerbates problems for the country’s own airlines. The US Trade Representative decision – which hikes tariffs from the previous 10% to a level of 15% – is a consequence of the long-running transatlantic subsidies dispute with the European Union. Airbus says it “deeply regrets” the measure. ...Airbus argues that US carriers have put forward “many” submissions pointing out that tariffs will effectively punish US passengers when costs are passed down... Airbus has long argued that a negotiated settlement is the only sensible outcome, a point which chief executive Guillaume Faury reiterated during a briefing in Toulouse on 13 February.Faury also pointed out that the European Union is likely to impose similar countermeasures later this year in its own case against US government support to Boeing. Airbus says it hopes the US Trade Representative will change its position once the World Trade Organization authorises these countermeasures – which are set to affect imports of the 777, 787 and 737 Max – around May-June.
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Post by airboche on Feb 17, 2020 9:54:47 GMT 1
When is the WTO subsidies verdict versus Boeing due?
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Post by marlibu on Mar 9, 2020 17:28:57 GMT 1
hey guys. came across this article..unsure how i missed it from last week.. leehamnews.com/2020/03/04/us-imposed-22m-in-airbus-tariffs-in-2019/#more-32770The US Customs and Border Patrol collected $277m in tariffs last year in connection with the Airbus trade war. Airbus’ A320 final assembly line in Mobile helped reduce the tariff exposure. But only $22.1m was from tariffs placed directly on Airbus airplanes imported into the United States, LNA learned. Information obtained by LNA confirmed that most of the tariffs were levied on industries and products unconnected to Airbus.
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