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Airbus calls for return to duty-free status for aircraft and parts

Published by Global Banking & Finance Review

Posted on April 30, 2025

1 min read

· Last updated: January 24, 2026

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Airbus calls for return to duty-free status for aircraft and parts
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PARIS (Reuters) -Airbus called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent

Airbus Advocates for Duty-Free Status on Aircraft Parts

PARIS (Reuters) -Airbus called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent eruption of a trade war.

Chief Executive Guillaume Faury said there would be "only losers" from a prolonged tariff conflict, especially in the United States, home to the world's largest aerospace parts manufacturing industry.

(Reporting by Tim HepherEditing by David Goodman)

Key Takeaways

  • Airbus seeks a return to the 1979 duty-free agreement.
  • Current tariffs harm the aerospace industry.
  • The U.S. is a major player in aerospace parts manufacturing.
  • Prolonged tariff conflicts result in losses.
  • Airbus CEO highlights the need for swift action.

Frequently Asked Questions

What is the main topic?
The main topic is Airbus's call to return to a duty-free agreement for aircraft and parts to avoid tariff conflicts.
Why is Airbus concerned about tariffs?
Airbus is concerned that tariffs harm the aerospace industry, particularly affecting the U.S., a major parts manufacturer.
What was the 1979 agreement?
The 1979 agreement ensured duty-free trading for aircraft and parts among over 30 countries.

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