Trump rates can encourage Airbus to prioritize non-American customers, says CEO

Trump rates can encourage Airbus to prioritize non-American customers, says CEO

By Gianluca ours

(Reuters) – Airbus could give priority to deliveries to non -American customers if the rates imposed by US President Donald Trump would disrupt the company in the country, CEO Guillaume Faury said in an interview with BHMNews OP Thursday.

Trump said on Wednesday that he will announce new rates in the coming month or earlier, which contributes to tasks that he has introduced since his appointment, which could influence sectors, among other things.

“We have a big question from the rest of the world, so [if] We are confronted with very important difficulties to deliver to the US, we can also adapt by bringing deliveries to other customers who really want to get aircraft, “Faury said.

Earlier in the day he had told journalists while he presented the annual results of Airbus in Toulouse that the group “should not be hit directly by rates”.

“Indeed, we buy a lot from the US we sell to the US, we produce, we collect, we develop in the US as a few other companies … and we believe that the rates in this industry would be losses,” said he at the press conference.

Airbus spends 15 billion euros annually ($ 15.70 billion) with its network of more than 2,000 suppliers in the US, the largest supplier of the company, according to the company’s website.

Gileeemaker, based in France, the most important rival of Boeing, has expanded American activities in recent years, with its Alabama factory with more than 2,000 people in the last meeting of the A320 and A220 aircraft family.

But the group has to do with supply chain bottlenecks that tax a space industry that is already being challenged by a shortage of experienced employees.

Airbus has excluded the potential impact of endangered trading rates of the financial guidance of 2025 that it announced on Thursday and said it will adjust accordingly.

“We have not taken any major promotions so far … We are more in a wait -and -see mode,” Faury told analysts during the company’s profit call.

($ 1 = 0.9555 euros)

(Reporting by Gianluca Lo Nostro, additional reporting by Alessandro Parodi; adaptation by Jane Merriman)

Leave a Reply

Your email address will not be published. Required fields are marked *