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Market Chatter: US Airlines, Aerospace Firms Seek Exemptions From Tariffs
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Market Chatter: US Airlines, Aerospace Firms Seek Exemptions From Tariffs
May 25, 2025 8:01 PM

07:54 AM EDT, 04/28/2025 (MT Newswires) -- The US aviation industry is urging the White House to exempt airlines and aerospace companies from tariffs imposed by the Trump administration and restore protections under the 1979 Civil Aircraft Agreement, Reuters reported Monday, citing industry officials.

Boeing ( BA ) , GE Aerospace (GE), and RTX (RTX) expect $500 million to $850 million in new annual costs, while American Airlines ( AAL ) , Delta Air Lines ( DAL ) and United Airlines (UAL) said tariffs would impact aircraft deliveries, Reuters reported.

Alaska Airlines (ALK) warned that tariffs could worsen pressure on fares, which have already dropped, the report added.

Airlines have been cutting flight schedules and are considering deferring deliveries and returning leased jets to manage expenses, while manufacturers plan to pass additional costs along to customers, Reuters said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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