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Airbus Secures Deal for Up to 150 A321neos With VietJet at Paris Air Show

U.S. transport chief urges return to a 1979 zero-tariff aviation pact following a security review of aircraft imports

Overview

  • The memorandum of understanding includes 100 firm A321neo orders plus options for 50 more, valued at about $9.4 billion by Cirium Ascend estimates
  • Sean Duffy signaled White House backing for reinstating the decades-old tariff-free trade agreement to reduce import costs
  • The Commerce Department’s Section 232 national security investigation into aircraft, engines and parts imports could pave the way for higher U.S. tariffs
  • Airbus accounts for 86 percent of jets in Vietnamese carriers’ fleets, underscoring its market dominance over Boeing
  • Boeing’s presence at the show was muted as it faces scrutiny over the Air India Boeing 787 crash investigation