US trade dispute escalation could impact air traffic, says Airbus CEO

Retaliatory tariffs by other countries could also affect air traffic

Airbus CEO Tom Enders
Airbus CEO Tom Enders (Photo: Twitter)
Reuters Montreal
Last Updated : Jul 05 2018 | 10:43 AM IST

Airbus Chief Executive Tom Enders said on Wednesday he is worried an escalation in US trade dispute with other countries could trigger retaliation that could impact air traffic.

"Of course we're worried if this escalates," Enders told reporters following a visit with employees at a Bombardier plane factory near Montreal. "If there are retaliatory measures... this could impact air traffic. We very much hope this is not going to be the case."

ALSO READ: We will not fire the first shot in a trade war with the US, says China

Airbus has taken a majority stake in Bombardier's CSeries jetliner program after completing a tie-up with the Canadian train-and-plane-maker on July 1.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 05 2018 | 10:43 AM IST

Next Story