Boeing concerned about tariff discussions, but not yet impact on business, US News & Top Stories



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LONDON (REUTERS) – Boeing Co is concerned about the impact of potential commercial rates on the cost of running its supply chain, but has not yet seen it. 39, the impact of US-China trade tensions on its activities, said managing director Dennis Muilenburg Sunday, July 15.

"The discussion right now is about the proposed rates, the ongoing discussions, so in terms of implementation and things that affect us, we have not yet had any impact," declared Mr. Muilenburg.

"We are very engaged in the discussion, we are concerned that this may affect the costs of the supply chain, but note that supply chains flow back and forth between these two countries as we support existing fleets while building new

Washington recently imposed tariffs of 25% on 34 billion US dollars (46 billion US dollars) of Chinese imports, and Beijing reacted by applying duties on the same amount of US exports to China

.the stakes, thr by imposing tariffs of 10% on 200 billion US dollars of Chinese goods, which prompted China to l & # 39; Warning that she was going to retaliate

"The rhetoric about potential sanctions worries us," said Muilenburg

Muilenburg said the United States and China understood & # 39; s importance of aerospace for their economies.

He said they shared key interests, as China needed aircraft to boost its airlift capacity and the United States was relying on the sector. "Aerospace feeds on global trade, free and open trade," Muilenburg said, adding that the sector is generating economic benefits globally.

On Boeing's plans for a new potential jetliner, Muilenburg stated that The American company would not make a decision on the desirability of launching the interim design of the market before 2019.

pointed out that he would not let the entry into service slip beyond a target of 2025, even if it is taki "We want a 2025 aircraft", said the CEO of Boeing Commercial Airplanes Kevin McAllister, adding that it would be more economical to operate than other aircraft in its class.

Boeing plans to develop an aircraft to try to stimulate new routes in a space between its 737 single-aisle reference aircraft and the smaller version of its 787 wide-body jet aircraft.

Analysts say the deadline is crucial. represents the ideal meeting point for replacements of fleets 757 and 767.

Any sign of delay would allow its European rival Airbus to state that companies would do better to choose an upgraded version of its A321neo aircraft, which would cover missions

Boeing executives said the market would be better served by a bespoke aircraft with a superior economy. Airbus says its A321neo already represents a large part of this sector.

Flanked by many of Boeing's senior executives as the company prepares to innovate at the air show from July 16 to 22, Muilenburg said he saw a supersonic future.

Boeing executives highlighted the value of its investments in Britain after a dispute between Boeing and Bombardier Canada that threatened jobs in Northern Ireland, where Prime Minister Theresa May depends on his support

Britain would be on the verge of awarding Boeing a new contract for early warning aircraft, causing a violent reaction from Airbus and others wishing an official competition.

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