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Airbus CEO worried U.S. trade dispute escalation could impact air traffic

Published 07/04/2018, 04:56 PM
© Reuters. Airbus CEO Tom Enders arrives to attend Airbus annual press conference on the 2017 financial results in Blagnac near Toulouse

MONTREAL (Reuters) - Airbus Chief Executive Tom Enders said on Wednesday he is worried an escalation in a U.S. trade dispute with other countries could trigger retaliation that could impact air traffic.

"Of course we're worried if this escalates," Enders told reporters following a visit with employees at a Bombardier (TO:BBDb) plane factory near Montreal. "If there are retaliatory measures ... this could impact air traffic. We very much hope this is not going to be the case."

Airbus has taken a majority stake in Bombardier's CSeries jetliner program after completing a tie-up with the Canadian train-and-plane-maker on July 1.

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