Airbus Seals Major VietJet Deal Amid Tariff Concerns at Paris Airshow

At the Paris Airshow, Airbus secured a major deal with VietJet, signing a memorandum of understanding for the purchase of up to 150 single-aisle jets. The agreement marks a substantial boost for Airbus amid ongoing industry turbulence sparked by tariff concerns.

U.S. Transport Secretary Sean Duffy reignited hope for tariff-free trade in the civil aviation sector, advocating for a return to the 1979 zero-tariff trade agreement. His comments are among the most explicit indications that the Trump administration may consider such a move despite current tariff complexities.

American aerospace producers continue to navigate the headaches of a 10% tariff on airplane imports, compounded by recent global incidents. European planemaker Airbus, however, continues to secure significant business, underlining its resilience and pivotal role in the aviation industry.

(With inputs from agencies.)