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Boeing prices could increase by millions with tariffs, says AerCap CEO | Global News Avenue

AERCAP CEO on tariff impact: Boeing 787 will increase by $40 million

One price Boeing In the worst case scenario, 787 aircraft could add $40 million, Aercap CEO Aengus Kelly said.

Kelly said on Wednesday on CNBC’s “In absolute worst case, Kelly said on Wednesday on CNBC’s “Kelly said on Wednesday on CNBC’s “Kelly said on Wednesday on CNBC’s “Kelly said on WednesdaySquawk Box. “No one will pay.” ”

In this case, most airlines may turn to Airbus, which could give the company a chance to occupy 75% to 80% of the global market, Kelly said.

Aercap,,,,, Kelly added that the world’s largest aircraft leasing company purchased 150 aircraft, helicopters and backup engines from Boeing last year.

Although it is too early to determine the exact impact of rising tariff tensions, the global economy has been responding to the president Donald TrumpS Plan, Latest Added 25% Steel and Aluminum Import Duty Effective Wednesdaylead to Rapid confrontation From the EU.

Despite Chaotic troublesome years For Boeing, Kelly said Aercap is the largest buyer of aviation assets in the world, and he has recently seen the quality, reliability and safety of the product in Boeing.

Kelly hopes to seek Boeing in 2025, highlighting that what manufacturers really need is cash to deliver the planes reliably. Despite the tough year for the aircraft manufacturer, Kelly said he “never hesitated” to take a Boeing plane and the company’s manufacturing process has improved a lot.

“Boeing has taken huge steps in quality, safety and reliability over the past year,” Kelly said. “We see it because we buy planes on the store floor every day.”

Kelly also said despite concerns about air travel recession and Weak demand from Delta gas line Revenue, he is still bullish, and the company is still seeing strong demand overall. He said the current “soft patches” are driven by labor costs.

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