Ryanair, the Irish low-cost airline, warned that if the tariff war initiated by the United States leads to a significant increase in aircraft prices, the company will consider canceling hundreds of Boeing aircraft orders and will not rule out purchasing passenger aircraft from other manufacturers, including COMAC.
Comment: As the largest airline in terms of passenger volume in Europe, Ryanair is a major customer of Boeing, and its orders are of great significance to Boeing. If Boeing aircraft prices rise due to tariffs, it is a normal business decision for Ryanair to cancel orders and seek new suppliers. This also demonstrates that any trade protectionist behavior under the highly integrated global industrial chain may disrupt the existing commercial balance, forcing companies to reassess their supply chain layout.
Although Ryanair has only listed COMAC as a consideration at this stage, it indicates that domestically produced aircraft such as the C919 have entered the sight of international airlines, with their international influence gradually increasing. Once COMAC can secure orders from Ryanair through competitive pricing and reliable performance, this will become an important milestone for domestically produced aircraft to enter the world market, further impacting the long-standing dominance of Boeing and Airbus in the global civilian aircraft market.
The tariff policy of the United States appears to be protecting domestic industries, but in fact poses significant risks to Boeing and similar enterprises. Not only may they lose current orders, but it may also help competitors rise, and such a lose-lose trade practice will ultimately disrupt the global market and backfire on itself.
Original article: https://www.toutiao.com/article/1831054439322628/
Disclaimer: The article solely represents the author's personal views.