SINGAPORE, July 16 (Reuters) - Airlines may be reluctant
to take delivery of aircraft due to the ongoing uncertainty
around U.S. tariffs and their impact on the cost of the planes,
International Air Transport Association Director-General Willie
Walsh said on Wednesday.
"It's not just going to be a major Boeing ( BA ) and Airbus issue.
It'll impact all aspects of the aerospace industry and have an
impact on most, if not all, airlines as well," he said.
Walsh was speaking at a media roundtable in Singapore.
The 50% tariff that U.S. President Donald Trump plans to
impose on Brazilian exports starting in August could hammer the
revenue of planemaker Embraer ( ERJ ) like the COVID-19
pandemic did, its CEO warned on Tuesday, flagging risks to U.S.
partners.
Francisco Gomes Neto told reporters the tariffs would amount
to a trade embargo on the regional jets it supplies to U.S.
airlines and could trigger order cancellations, deferred
deliveries and tough consequences for Embraer's ( ERJ ) U.S. suppliers.