
Delta's CEO Says Airline Won't Pay Tariffs on Any Airbus Planes
Delta Air Lines Inc. is refusing to pay tariff costs imposed on planes made by Airbus SE, a potential point of tension for carriers globally as US President Donald Trump's trade war injects new volatility into the aircraft market.
Delta Chief Executive Officer Ed Bastian said he has been 'very clear' with Airbus and would defer any deliveries with the additional expenses. The carrier is working with Toulouse, France-based Airbus to minimize the impact.

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Bloomberg Daybreak Asia: Trump Says He'll Set Unilateral Tariffs; China's Biotech Boom
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Taiwan was struck by an earthquake on Wednesday (11 June) evening, with the quake hitting seconds after cell phone alarms went off at 7.01pm. The quake about 71 kilometres south of Hualien City. According to the United States Geological Survey, the quake had a magnitude of 5.9 and was detected at a depth of 31.1 kilometres. Taiwan's Central Weather Administration gave the magnitude as 6.4. However, such differences are common considering the differences in sensitivity and detector locations. Buildings in Taipei shook for about a minute, and there were no immediate reports of damage. A firefighter in Chenggong told AFP that when the quake hit, "the computer screen and fan shook heavily". He added, "It was much stronger than previous quakes. I immediately thought about running outside." For more on the Taiwan earthquake, read here. The Jetstar Asia closure has left some customers confused and frustrated over conflicting information, or a lack thereof. The Singapore-based airlines, operated by Qantas Group, announced on Wednesday (11 June) morning that it would be ceasing operations from 31 July. They added that Jetstar Asia flights would be operating with a "progressively reduced schedule". For a customer identified as Daniel, he told CNA that he didn't realise the schedule would be "progressively reduced" prior to its closure. Hence, he thought his two planned trips in July – one to Bangkok, another to Okinawa - would not be affected. On Wednesday morning, though, he received an email confirming that his trip to Bangkok was cancelled, so he made plans to book another flight. Daniel said the email also included his "specific booking reference". Yet, when his friend called the Jetstar Asia's hotline, they were told the flight was still going ahead as planned. He now feels uncertain about his flight to Okinawa and it's not clear which flights would be cut from Jetstar Asia's schedule before it closes. 'I'm wondering, when would they tell me about it? Or how late would they tell me about it?' For more on how customers are affected by the Jetstar Asia closure, read here. Taiwan was struck by an earthquake on Wednesday (11 June) evening, with the quake hitting seconds after cell phone alarms went off at 7.01pm. The quake about 71 kilometres south of Hualien City. According to the United States Geological Survey, the quake had a magnitude of 5.9 and was detected at a depth of 31.1 kilometres. Taiwan's Central Weather Administration gave the magnitude as 6.4. However, such differences are common considering the differences in sensitivity and detector locations. Buildings in Taipei shook for about a minute, and there were no immediate reports of damage. A firefighter in Chenggong told AFP that when the quake hit, "the computer screen and fan shook heavily". He added, "It was much stronger than previous quakes. I immediately thought about running outside." For more on the Taiwan earthquake, read here. The Jetstar Asia closure has left some customers confused and frustrated over conflicting information, or a lack thereof. The Singapore-based airlines, operated by Qantas Group, announced on Wednesday (11 June) morning that it would be ceasing operations from 31 July. They added that Jetstar Asia flights would be operating with a "progressively reduced schedule". For a customer identified as Daniel, he told CNA that he didn't realise the schedule would be "progressively reduced" prior to its closure. Hence, he thought his two planned trips in July – one to Bangkok, another to Okinawa - would not be affected. On Wednesday morning, though, he received an email confirming that his trip to Bangkok was cancelled, so he made plans to book another flight. Daniel said the email also included his "specific booking reference". Yet, when his friend called the Jetstar Asia's hotline, they were told the flight was still going ahead as planned. He now feels uncertain about his flight to Okinawa and it's not clear which flights would be cut from Jetstar Asia's schedule before it closes. 'I'm wondering, when would they tell me about it? Or how late would they tell me about it?' For more on how customers are affected by the Jetstar Asia closure, read here.


Bloomberg
31 minutes ago
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Millions of Acres of Public Land Sales Added to Trump's Tax Bill
The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald Trump's massive package of tax cuts and spending in the Senate's version of the bill released Wednesday night. As much as around 3 million acres of land owned by the Bureau of Land Management and the US Forest Service would be mandated for sale in the legislation. The measure, which requires each agency to sell a small percentage of the hundreds of millions of acres of land they manage in eligible states that include Alaska as well as western states, could raise as much as $10 billion over 10 years, according to a fact sheet.