>“We are not planning to pay tariffs on aircraft deliveries,” Bastian said in an interview this week as Delta reported earnings, echoing his previous remarks. He said tariffs were partly responsible for the planes not being imported into the US.
Can't imagine they're altering orders in a big way either right?
Just waiting it out?
toomuchtodo•7mo ago
As an airline, they can take delivery anywhere in the world to avoid tariffs, like avoiding sales tax on a supercar by plating it in Montana or avoiding corporate tax by funneling through Ireland via the Double Irish arrangement.
duxup•7mo ago
They don’t seem to be doing so. If it was that simple I would expect them to do so.
toomuchtodo•7mo ago
> “We are not planning to pay tariffs on aircraft deliveries,” Bastian said
duxup•7mo ago
Yes I quoted that too...
I'm not sure what you're saying they could do. They're stripping the planes for parts, not taking delivery elsewhere and then utilizing the whole plane.
eaglefield•7mo ago
Later in the article it seems they expect the EU and the US to sign a trade agreement soon-ish, whereafter they can start importing again. So i think the plan is just to wait it out.
metalman•7mo ago
trying to figure out what they are doing and the logic, the given bieng stripping new engines, but for what?, has to be the same model aircraft, which would have engines, so then I am guessing a bit, in that they are refurbishing high time aircraft that they normaly sell off to secondary operators over seas, and just selling the high time engines, interiors, etc, and "zero timing" the airframes with as many USA parts as possible
and then hedging there bets, as the same airbus planes usualy are sold with GE engines, or RR turbines for european and middle east airlines, and they will re-engine them with the RR turbines and sell them on.........which then points to a scenario where the tarrifs could create a whole other world of horse trading
toomuchtodo•7mo ago