Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Airbus calls for return to duty-free status for aircraft and parts
FILE PHOTO: Airbus logo at the Airbus facility in Saint-Nazaire · Reuters

In This Article:

PARIS (Reuters) -Airbus called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent eruption of a trade war.

Chief Executive Guillaume Faury said there would be "only losers" from a prolonged tariff conflict, especially in the United States, home to the world's largest aerospace parts manufacturing industry.

(Reporting by Tim HepherEditing by David Goodman)