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US transport secretary Sean Duffy said that he wanted to return to an agreement without a price for civil aviation.
Airbus concluded an agreement with the Vietnamese budgetary airline Vietjet for up to 150 mono-closet jets at the Paris Air Show while the hope of the aeronautical industry to return to a commercial agreement without a boost by the Secretary of Transport of the United States, Sean Duffy.
The French planter announced the agreement on Tuesday.
Airbus is the main supplier of jets in Vietnam, representing 86% of the planes currently operated by Vietnamese airlines. The Southeast Asian country dependent on exports is under pressure from Washington to buy more American goods.
Vietjet president Nguyen Thi Phuong Thao said that the extent of the airline orders was supported by plans to develop a large aviation center in Vietnam, which, according to Airbus, saw its aviation market increase by 7.5% per year.
An agreement of 150 A321neos could be worth around $ 9.4 billion, according to the estimated prices provided by Cirium Ascend.
The agreement was the last in a wave of activities announced by Airbus at the largest aviation fair in the world in Paris, in France.
Airbus made gains against its main competitor Boeing as airlines Reconate purchases of jets made in the United States in the middle of current pricing threats in recent months. In May, the budget airline Ryanair threatened to withdraw Boeing aircraft orders in the midst of pricing.
A price price?
Duffy said he wanted civil aviation to return to a zero-tail trade agreement in 1979, in one of the clearest signs that the administration of US President Donald Trump could promote such a decision. However, Duffy added that even if the White House was aware that the United States is a net exporter in the aerospace, it had also had a complex tariff situation.
“Now, again, you look at what free trade has done for aviation. It was remarkable for them. It is a large space of net exporters,” said Duffy. “And so the White House understands that, but if you go there and you see the parts in movement of what they treat, it’s quite intense and it’s a lot.”
Trump’s 10% import prices are a puzzle for an industry that already fights against the challenges of the supply chain and faces new turbulence from last week Air India Crash and conflict in the Middle East.
In early May, the US trade department launched an investigation into national security “section 232” on imports of commercial aircraft, jet engines and parts that could constitute the basis of even higher prices on these imports.
Airlines, planets and several American trade partners have put pressure on Trump to restore the regime without a price under the 1979 agreement.
Boeing had a mobile show and parking ads while focusing on the late week’s fatal accident probe last week of an India Air Boeing 787 and after concluding enormous offers during the recent Trump tour in the Middle East.
The attention turned to another large Airbus customer, Airasia, long associated with the finals of the Buzzy show and planning to buy 100 A220, with Embraer du Brazil seeking to conclude the agreement after losing a key competition in Poland, the delegates said. Airbus was also to reveal Egypt as the airline behind a recent unidentified order for six other A350s.
Despite this, Airbus’ hopes to use the event as a showcase for its first significant agreement with Royal Air Maroc disappeared after the airline has postponed its plans to announce a larger Boeing agreement, the delegates said.
