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Finance

AerCap CEO warns tariffs could hinder Boeing cash recovery

Published by Global Banking and Finance Review

Posted on January 13, 2025

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DUBLIN (Reuters) - The head of the world’s largest aircraft leasing company, AerCap, said on Monday that potential new trade tariffs floated by U.S. President-elect Donald Trump could hit supply chains and hinder efforts by Boeing to generate much-needed cash.

The biggest priority for Boeing and U.S. regulators should be to streamline certification of the 737 MAX 7 and 737 MAX 10 jets as well as the long-delayed 777X, CEO Aengus Kelly told Reuters on the sidelines of the Airline Economics conference.

(Reporting by Tim Hepher, Editing by Louise Heavens)