Ryanair would not expect to pay Boeing tariffs

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FILE PHOTO: Ryanair logo is pictured ahead of a news conference by Ryanair union representatives in Brussels

DUBLIN (Reuters) – Ryanair <RYA.I> would not expect to have to pay extra for aircraft deliveries due to a new 15% tariff announced by the European Union this week on Boeing aircraft, a senior executive said on Tuesday.

“We wouldn’t be paying them,” Eddie Wilson, Chief Executive of Ryanair DAC, the largest of the Ryanair Group’s four airlines, told a virtual CAPA aviation summit when asked about the tariffs.

But he said that Ryanair expected that the victory of U.S. President-elect Joe Biden would lead to a “reset” in the trade dispute in any case.

(Reporting by Conor Humphries, editing by Louise Heavens)

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