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Emirates President Tim Clark warned that US President Donald Trump in the Aviation industry is “in an unchanged area” for global growth and trade disputes Drive the costs for airways in the world.
“We are currently in trouble,” said Clark CNBC, March 20, Washington’s latest global accounts before announcement.
“This does not change, because this covers the reset size to a level that the global economy has not seen since the financial crisis of 2008-2009,” said Clark, by pointing to the carriers and a ripple effect in the aviation supply chain.
Emirates have been in the world’s largest long-lasting airline, in 2008 in 2008, the 2008 financial crisis and a dubai in Dubai in the demand of travel in Dubai.
“It is the first days to see what impact on the global economy and dryer of resetting of trade conditions,” he added, despite both global markets and industry and industry tariffs the storm weather.
“Work models such as Emirates, taking into account the international scale, this will be able to walk this special wave,” he said.
Turbance ahead
Emirates Director, aimed at changing global trading, aimed at changing global trade, accepted the fringing of trading escalations as “trade reset”, accepted the framed motivation.
Chinese Revenge tariffs Aerospace giants like Boeing and GE aerospace, threaten to squeeze the emirates indirectly Ripple costs along the supply chain for plane and parts. Emirates operate one of the world’s largest widespread body fleets and a highway Boeing and Airbus.
Despite the turbulence, Clark said that the student is cautiously optimistic. The long-lasting journey, the rest of this year and the rest of the year and in the early 2026, he remains “very strong.”
Affect global aviation and airlines
Trade fares opened the day before, the President of the International Air Transport Association Willie Walsh, Washington’s money is likely to recreate the weather travel request from Post-Covid-19 post-19-Agri.
“It’s the extra uncertainty we have never been, but we can always manage,” said Walsh said in an interview given by Walsh Reuters. Industrial analysts are this time Cut the travel request outlook For 2025.
The other aviation industry figures, especially the latest tasks, especially the latest duties were more pessimists since the application of.
“Of course, of course, for the industry,” Dak Hardwick, Vice President of International Works in Aerospace, Aerospace Industrial Association, representing CNBC. AIA, Boeing, Ge Aerospace, Airbus and dozens of aerospace and defense companies.
Airline shares will pay a lot for a large number of trading rules, planes and equipment applied by Trump, because of double figures since the white house announcement of April 2.
A very integral part like jet engines consists of components from all over the world. For example, the Boeing 737 engines used in 737 Max and Airbus A320, for example, GE Aerospace and French Aviation Manufacturer Safran is produced by 50-50 joint ventures.
– Leslie Josephs contributed to this report
