Airbus Chief Sees Trade-War Risk in EU Carbon Tax, Figaro Says

Airbus SAS Chief Executive Officer Tom Enders said the European Union’s plans to require international airlines to pay for their carbon emissions threatens to create a trade war, Le Figaro reported.

The CEO said told a press conference on the eve of today’s Singapore air show that he’s very worried about the consequences of EU plan, the French newspaper reported. China has hinted the proposal may hinder their purchase of European planes, and nations including the U.S., Russia and India have also signalled their opposition to the planned levy, according to Le Figaro.

To contact the reporter on this story: Francois de Beaupuy in Paris at fdebeaupuy@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.