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>“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. H
by duxup 1y ago
>“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 1y agoAs 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 1y agoThey don’t seem to be doing so. If it was that simple I would expect them to do so.
- toomuchtodo 1y ago> “We are not planning to pay tariffs on aircraft deliveries,” Bastian said
- duxup 1y agoYes 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 1y agoLater 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.