Aviation and Cosmos Exhibition Commences on Monday at Le Bourget - Airshow in Le Bourget commences on Monday, showcasing global advancements in aviation and space technology.
Get ready, aviation enthusiasts! The International Air and Space Show in Paris, Le Bourget is kicking off this Monday, and it's shaping up to be an interesting spectacle with a twist.
- Competing Giants
- Paris
- Europe's Skies
- Global Trade Wars
- Airbus vs Boeing
This year, the age-old power struggle between Airbus and Boeing takes a backseat to the looming shadow of US trade policies. Both giants are sounding the alarm about the potential consequences of the proposed hefty tariffs on their industry.
Trade Tensions and Tariffs
The European Union is contemplating hitting Boeing imports with tariffs, should the US decide to maintain a 10% tariff on EU-manufactured aircraft, parts, and components [1][5]. This trade tension could ignite a fiery trade war, leaving both companies caught in the inferno.
Supply Chain Woes
Airbus is grappling with supply chain disruptions that have hindered its production capacity. Furthermore, US trade policies could worsen these issues by impeding the flow of crucial component imports, exacerbating delivery delays and negatively impacting Airbus' financial health [3].
Dance of Diplomacy
The ongoing trade negotiations between the US and EU now include discussions on aircraft tariffs. After a 90-day ceasefire was declared, if talks fail, the EU may slap tariffs on US goods—potentially including Boeing aircraft [5].
shifting landscapes
Reductions in US-China tariffs from 125% to 30% in May 2025 may ease supply chain pressures, but global trade policies continue to be as unpredictable as a stormy sky, posing ongoing challenges for both Boeing and Airbus [4].
Emerging Giants
Companies such as China's COMAC are staking their claim in the global aviation market, ratcheting up the competitive pressure on both Airbus and Boeing [3].
UK Market Edge
With Rolls-Royce engines, used in some Boeing aircraft, being granted exemption from US tariffs under the new UK-US trade deal, Boeing stands to gain an edge in the UK market [1][2].
As these developments unfold at this year's Le Bourget show, the complex tapestry of international trade policies affecting major aviation manufacturers promises to keep us on the edge of our seats.
- The European Parliament expresses concern over the potential impact of US trade tariffs on European industry, particularly the aerospace sector, during the Le Bourget Air Show.
- The European Parliament members advocate for diplomatic solutions to resolve the trade conflict, emphasizing the need to protect European companies in the science, industry, finance, space-and-astronomy, and aerospace sectors.
- In light of the shifting global trade landscape, the European Parliament supports initiatives to strengthen Europe's domestic industries, such as the development of cutting-edge technology in emerging giants like China's COMAC, to maintain a competitive edge.