Flexjet (LXJ, Cleveland Cuyahoga Country) has told Reuters it remains committed to a deal worth up to USD7 billion for 182 aircraft plus options for 30 more, signed with Embraer Executive Jets in February, despite a new 50% tariff on Brazilian imports announced by United States President Donald Trump, set to take effect on August 1.
“Based on my 40 years in the industry, this group of purchasers tends to proceed with their decisions regardless, given their priorities and past purchasing behaviour,” Flexjet chairman…
Source: ch aviation
Read more: US's Flexjet stands firm on Embraer deal despite tariffs