The boss of Ryanair has threatened to cancel orders with American aircraft maker Boeing and buy from Chinese manufacturers instead if Donald Trump’s trade tariffs push up costs.
The boss of Ryanair has threatened to cancel orders with American aircraft maker Boeing and buy from Chinese manufacturers instead if Donald Trump’s trade tariffs push up costs.
Ah, that makes a lot of sense. This is another major reason why duopolies and monopolies are bad for society.
Commercial aircraft business is extremely tough. We used to have more but they didn’t survive.