Latest news with #airlines
Zawya
23 minutes ago
- Business
- Zawya
Airlines may be reluctant to take aircraft deliveries on tariff uncertainty, IATA says
SINGAPORE: Airlines may be reluctant to take delivery of aircraft due to the ongoing uncertainty around U.S. tariffs and their impact on the cost of the planes, International Air Transport Association Director-General Willie Walsh said on Wednesday. "It's not just going to be a major Boeing and Airbus issue. It'll impact all aspects of the aerospace industry and have an impact on most, if not all, airlines as well," he said. Walsh was speaking at a media roundtable in Singapore. The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like the COVID-19 pandemic did, its CEO warned on Tuesday, flagging risks to U.S. partners. Francisco Gomes Neto told reporters the tariffs would amount to a trade embargo on the regional jets it supplies to U.S. airlines and could trigger order cancellations, deferred deliveries and tough consequences for Embraer's U.S. suppliers. (Reporting by Jun Yuan Yong; Editing by Muralikumar Anantharaman and Sonali Paul)
Yahoo
an hour ago
- Business
- Yahoo
Airlines may be reluctant to take aircraft deliveries on tariff uncertainty, IATA says
SINGAPORE (Reuters) -Airlines may be reluctant to take delivery of aircraft due to the ongoing uncertainty around U.S. tariffs and their impact on the cost of the planes, International Air Transport Association Director-General Willie Walsh said on Wednesday. "It's not just going to be a major Boeing and Airbus issue. It'll impact all aspects of the aerospace industry and have an impact on most, if not all, airlines as well," he said. Walsh was speaking at a media roundtable in Singapore. The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like the COVID-19 pandemic did, its CEO warned on Tuesday, flagging risks to U.S. partners. Francisco Gomes Neto told reporters the tariffs would amount to a trade embargo on the regional jets it supplies to U.S. airlines and could trigger order cancellations, deferred deliveries and tough consequences for Embraer's U.S. suppliers.
Yahoo
an hour ago
- Business
- Yahoo
Airlines may be reluctant to take aircraft deliveries on tariff uncertainty, IATA says
SINGAPORE (Reuters) -Airlines may be reluctant to take delivery of aircraft due to the ongoing uncertainty around U.S. tariffs and their impact on the cost of the planes, International Air Transport Association Director-General Willie Walsh said on Wednesday. "It's not just going to be a major Boeing and Airbus issue. It'll impact all aspects of the aerospace industry and have an impact on most, if not all, airlines as well," he said. Walsh was speaking at a media roundtable in Singapore. The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like the COVID-19 pandemic did, its CEO warned on Tuesday, flagging risks to U.S. partners. Francisco Gomes Neto told reporters the tariffs would amount to a trade embargo on the regional jets it supplies to U.S. airlines and could trigger order cancellations, deferred deliveries and tough consequences for Embraer's U.S. suppliers. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Skift
a day ago
- Business
- Skift
Basic Business? Delta to Consider Creating Different Tiers of Premium
Taking a page from the economy-class playbook, Delta executives are testing the idea of segmenting its business cabins – another sign of the shift in focus to premium travelers. Delta Air Lines said it is in the process of testing how to segment its premium cabin, which would effectively create different tiers of business class for customers. 'Well, premium has certainly been where our margins have continued to expand,' Delta president Glen Hauenstein said during a call with analysts last Thursday. 'And so we're highly focused on continuing to provide improved service to those customers
CTV News
a day ago
- Business
- CTV News
Air Canada and ITA Airways sign codeshare deal increasing options for travel to Italy
Air Canada logos are seen on the tails of planes at the airport in Montreal, Que., Monday, June 26, 2023. THE CANADIAN PRESS/Adrian Wyld MONTREAL — Air Canada and Italian airline ITA Airways have signed a new codeshare agreement, increasing travel options between Canada and Italy. Under the agreement, Air Canada will place its AC code on select routes operated by ITA Airways from Rome's Fiumicino airport. The flights include five destinations in Italy, three in Africa as well as Tirana, Albania, and Tel Aviv. ITA Airways will place its AZ code on selected routes operated by Air Canada from Toronto's Pearson International Airport to Montreal, Ottawa, Vancouver, Edmonton, Calgary and St. John's, N.L. It will also put its code on selected Air Canada flights to the United States, including Boston, Orlando, Dallas and Fort Lauderdale, Fla. Sales of codeshare tickets began Monday for travel starting on July 21. This report by The Canadian Press was first published July 14, 2025.
