PARIS, Oct 1 (Reuters) - The head of Ireland's Ryanair
on Tuesday urged the United States and European Union to
pull back from a tariff war over aircraft and said he would ask
Boeing to "eat" any counter-tariffs imposed on the U.S.
firm by the EU.
The World Trade Organization is expected to give the green
light this week to U.S. tariffs on billions of dollars of
European goods including Airbus jets in a move likely to be
mirrored by European tariffs on U.S. planes and goods next year.
"The U.S. can't afford to have a trade war," Group Chief
Executive Michael O'Leary, whose company's main airline is one
of Boeing's largest customers, told Reuters after
speaking at a Reuters Newsmaker event.
"Boeing is one of its biggest manufacturers and biggest
exporters, but something needs to be resolved so I think like
most airlines we sit there and hope common sense will prevail at
the end of the day but we don’t know how it plays out," O'Leary
said.
(Reporting by Tim Hepher; Editing by Conor Humphries)