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|    AVIATION    |    Aviation echo, airline-related news    |    717 messages    |
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|    Message 518 of 717    |
|    Aviation HQ to All    |
|    Aircraft engine maker Rolls Royce calls     |
|    01 May 25 20:27:39    |
      MSGID: 2:292/854 1c20280d       TZUTC: 0200        Aircraft engine manufacturer Rolls-Royce is confident that it will achieve its       financial targets for this year, despite the uncertainty caused by US       President Donald Trump's import duties. The British company calls the trade       tariffs "manageable" and expects to be able to offset them through "mitigating       measures", such as cost savings.               "We are closely monitoring the potential indirect impact on economic growth       and inflation and will continue to take appropriate measures," CEO Tufan       Erginbilgic said in a statement ahead of the company's annual meeting on       Thursday. Rolls-Royce, which builds engines for the Airbus A350, A330neo and       some Boeing 787s, continues to expect an operating profit of £2.7 billion, or       around €3.2 billion, this year.               Trump's tariffs are forcing the airline industry to adapt after decades of       being shielded from tariffs. European aircraft manufacturer Airbus also stuck       to its full-year forecast on Wednesday. The world's largest planemaker still       expects to deliver around 820 planes, down from 766 last year. But that       forecast excludes the tariffs and assumes there will be "no additional       disruption to global trade or the global economy," Airbus warned.               However, many airlines have already indicated that they are not prepared to       pay the additional costs for aircraft resulting from the tariffs. In addition,       China has ordered its airlines to stop buying aircraft from the American       aircraft manufacturer Boeing and is sending undelivered aircraft back to       Seattle.              --- DB4 - 20230201        * Origin: AVIATION ECHO HQ (2:292/854)       SEEN-BY: 80/1 105/81 106/201 128/187 129/305 153/7715 154/110 221/1       SEEN-BY: 226/30 227/114 229/110 114 317 400 426 428 470 664 700 705       SEEN-BY: 280/464 291/111 292/854 2226 8125 301/1 320/219 322/757 335/364       SEEN-BY: 342/200 396/45 460/58 633/280 712/848 902/26 5001/100 5075/35       PATH: 292/854 229/426           |
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