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  • 4 days ago
The aftermath of the Trump Tariffs has been significant in every industry, and the aviation sector is no exception. The trade war has resulted in Beijing halting its airlines from taking deliveries of Boeing aircraft. US President Donald Trump himself confirmed on Tuesday that China has backed out of the "big Boeing deal" in a post on Truth Social.Aviation experts believe that this might be a good opportunity for India to take advantage of. The Chairman of the Aviation and Tourism Committee of Indian Chamber of Commerce, Subhash Goyal, believes that India must capitalise on this situation as quickly as possible.Other experts propose a more patient approach, taking into account how volatile the market is under the Trump administration, with the frequent tariff changes. Ajay Singh, the Chief Executive Officer (CEO) of Spicejet, also agrees with the wait-and-watch tactic but declares, "To the extent that we can take advantage of what has happened, of course we will do." Air India Express and Akasa are both expecting deliveries of Boeing aircraft and could benefit from the current circumstances.

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00:00As the trade war between the United States and China intensifies, Beijing has reportedly
00:13asked its airlines not to take delivery of aircraft from the American aviation giant
00:18Boeing.
00:21US President Donald Trump appeared to confirm the reports in a post on Truth Social on Tuesday
00:27where he said that China has just renaid on the big Boeing team.
00:32Could this benefit India?
00:34Some aviation experts believe it might.
00:38There is a big opportunity for India and the faster we swing in, we can convert this challenge
00:48into an opportunity.
00:50Our aerospace industries will definitely benefit.
00:56I mean that's the biggest sector that is going to benefit and I think we need to act quickly
01:05and fast because India is the only market after China which has placed orders of about
01:151000 aircrafts both with Boeing and Airbus.
01:23But America is going to lose as far as the aircraft supplies are concerned because they have an
01:29alternative supplier in Airbus.
01:31So, if they have cancelled their Boeing orders, they might shift to Airbus.
01:37But still, I think it's a very fluid situation and we'll have to wait and watch.
01:46Others agree that there is an opportunity here but given the frequent tariff changes by Trump
01:51administration, they advise a wait and watch approach.
01:54We'll continue to discuss with the manufacturers and see how best we can improve our own situation.
02:04We don't know what the situation is, how many aircraft will be delivered to China, what will happen to those aircraft.
02:11I think for some time at least there will be a wait and watch on the part of the manufacturer and there won't be any immediate impact of these tariffs.
02:20I mean, you don't even know with the way things are going, how long the tariffs are going to take because, you know, there seems to be some kind of rethinking and flip-flops which are happening.
02:30But to the extent that we can take advantage of what has happened, of course we will do.
02:37Experts say the supply reshuffle could also benefit Air India Express and Akasa, both of which have placed orders for Boeing aircraft and are awaiting deliveries.
02:47One Matter of compliment is shown.
02:52Now that's it, the world's own news.
02:54One Matter of

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