UAE President Tim Clark warns of “immovable lands” as the customs tariff hit global aircraft

UAE President Tim Clark has warned that the aviation industry in an “anonymous zone” as it provokes the customs tariffs of US President Donald Trump and commercial conflicts on global growth and threat Cost Airlines all over the world.

“At the present time, we are in turbulent times,” Clark told CNBC in an interview registered on March 20 – before Washington announced the latest global Rawafia.

Clark said: “It is inconvenient because it involves a scale for re-appointment to a level that the global economy has not seen since the financial crisis in the period 2008-2009,” noting increasing pressure on transport companies and the impact of ripples through the aviation supply chain.

Clark, who has led the UAE for more than two decades, helped develop a Dubai-based transportation company to the largest long airline in the world, and direct it during the post-September 11 period, the 2008 financial crisis and the collapse of demand for travel during the Covid-19 pandemic.

He said, “It is the first days to know the impact of re -seizing the conditions of trade on the global economy and appreciation for entertainment travel,” adding that despite the definitions that shake global markets, both the UAE and the industry can Stormy weather.

“Business models are like the Emirates, given the international scope of what they are doing, the strength of what you are doing will be able to ride this particular wave,” he said.

China Revenge definitions We have space giants such as Boeing and Geospace threatening to press the UAE indirectly, such as Tamulization costs via the supply chain For aircraft and parts. The UAE is working on one of the largest fleets of the body in the world, which is a The main customer From Boeing and Airbus.

Despite the turmoil, Clark said he was optimistic about the demand forward. He said that long -term travel is still “very strong”, as reservations reach forward during the rest of this year until early 2026.

“It is an additional uncertainty that we have never welcomed, but we have always been able to manage it.” in the meantime Cut the travel demand expectations For 2025.

Other aviation industry numbers have been more pessimistic than Walsh since the imposition of the latest American duties, especially when looking at the influence on the cost of building and renewing aircraft.

Dak Hardwick, Vice President of International Affairs of the Air Industries Association, told CNBC that the new customs tariff system “makes things more expensive for this industry. It represents AIA BOEING, Geospace, Airbus and dozens of other airlines and defense companies.

The shares of airlines decrease by two numbers since the White House announced on April 2, as the new trade rules imposed by Trump means that airlines will pay a lot against the decisive aircraft and equipment for their operations.

Many integrated parts such as jet engines consist of components from all over the world. For example, the engines used in Boeing 737 MAX and Airbus A320 are produced, for example, with a joint project between 50-50 between GE Aerospace and Safran.

Leslie Joseph contributed to this report