x

“Airbus tariffs imposed by the US will harm Delta”: Airline official

A senior airline official said on Wednesday that the U.S. imposition of tariffs against the European Union over aircraft subsidies would cause “serious harm” to Delta Air Lines.

Scott McClain, Delta Associate General Counsel said the harm would be obvious since the U.S. carrier was already under contract to buy several billion dollars worth of Airbus aircraft.

McClain told a hearing that the airline was contractually obligated to pay for any tariffs imposed.

He said the U.S. tariffs “will not punish the foreign producer because we can’t avoid those orders now.”

Instead, it would force Delta to pay what he called an “unexpected tax” that would harm the airline, its employees and its customers.

Hot this week

“I have never been as unsure of Nigeria’s future as I am now”–Bishop Kukah

By Achadu Gabriel, KadunaKukah, in a statement widely...

Kuje-Gwagwalada Road Projects, Economic Game Changer in FCT – Wike

By Joyce Remi-BabayejuThe FCT Minister Barr Nysome Wike has...

After 27 Years, Kaduna Engineer Wins Legal Battle Against KDSG Agency, Recovers Property

By Achadu Gabriel, KadunaA Kaduna-based engineer, Augustine Aneke, has...

Kaduna Climate Experts Set to Discuss Return of Monthly Sanitation Exercise

By Achadu Gabriel, KadunaClimate experts in Kaduna will on...

After 27 Years, Kaduna Engineer Wins Legal Battle Against KDSG Agency, Recovers Property

By Achadu Gabriel, KadunaA Kaduna-based engineer, Augustine Aneke, has...

Kogi Governor Ododo Unveils Tough New Security Measures to Tackle Rising Criminal Threats

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

Bayelsa Government Announces Movement Restriction for Monthly Environmental Sanitation on Saturday

By Amgbare Ekaunkumo, YenagoaThe Bayelsa State Environmental Sanitation...

Wike Terminates Re-Awards Delayed Apo-Karshi Road Projects 14 Years Later

By Joyce Remi-BabayejuThe FCT Minister Barr. Nyesom Wike has...

Court Bars Police, IGP From Harassing Owners of Nestoil Premises

A Federal High Court in Abuja has restrained the...

Pius Akutah’s Alleged Fraud at Nigerian Shippers Council Uncovered

Investigations by Nigerian Concord Newspaper reveal that the Executive...

Uyo Tropicana Trade Fair to catalize investment and economic expansion- Ekong

By Ogenyi Ogenyi. UyoThe Akwa Ibom Commissioner for Trade...

FG’s CNG Drive Best for Nigeria’s Sustainable Transport System —Mahmoud Hints

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya Mahmoud,...

Related Articles

Popular Categories

spot_imgspot_img