Airbus, Boeing backlogs in US, EU and tariff exposure

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Introduction

April 25, 2019, © Leeham News: With the European Union now listing aircraft among the US products that will be subject to tariffs, in retaliation for the United States plan to levy tariffs on airplanes and other goods, Airbus faces a greater exposure than Boeing in a trade war.

The US proposes tariffs on aircraft, fuselages, wings and other components produced by the four Airbus member states: France, Germany, Spain and the UK.

Summary
  • Airbus has more aircraft in backlog to the US than Boeing does to the EU.
  • Delta Air Lines is the biggest Airbus US customer, followed by lessor GECAS.
  • Ireland, with its lessors and discount carrier Ryanair, is Boeing’s biggest customer in the EU.
  • The UK carriers are a distant second to Ireland, but Brexit muddles the picture.

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