Lufthansa mulls importing its future Boeing aircraft via Switzerland
Lufthansa, the parent company of SWISS, plans to import 100 Boeing jets from the US over the next seven years.
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Lufthansa mulls importing its future Boeing aircraft via Switzerland
Lufthansa is considering buying new Boeing aircraft from the United States via Switzerland. This measure could reduce the US trade deficit with Switzerland and thus help the country to avoid punitive customs duties, according to a report in the Tages-Anzeiger.
This content was published on
3 minutes
Keystone-SDA
Français
fr
Lufthansa envisage d’importer ses futurs Boeing via la Suisse
Original
The order from German airline Lufthansa, the parent company of SWISS, is for 100 Boeing jets, with a catalogue value of CHF21 billion ($26 billion), to be delivered over the next seven years. They will not be purchased in Malta or Ireland, but via Switzerland, reports the newspaper.
This measure could help to reduce the trade deficit between the US and Switzerland (which amounted to CHF48 billion in the first half of the year, gold deliveries included). Lufthansa had already considered this measure before, in order to circumvent any retaliatory customs duties imposed by the European Union.
For its part, SWISS declined to comment, but pointed out that the airline’s CEO, Jens Fehlinger, had accompanied a Swiss delegation to the US: “The aim of the trip was to hold discussions at the political level in order to improve the customs policy framework, as previous negotiations had not led to the progress Switzerland had hoped for.”
“The discussions focused in particular on the framework conditions for importing aircraft and the possible options for the Lufthansa Group, for SWISS, as well as for the United States and American companies,” said a SWISS spokesperson. “Statements on the content of these discussions and on the negotiations themselves are reserved for the competent government authorities.”
When questioned by the AWP news agency, Lufthansa did not elaborate on the information either, but said it was “generally-speaking clearly interested in SWISS’ long-term economic success. Fleet purchases are made by the Lufthansa Group in close collaboration with the airlines.”
What is your opinion? Join the debate:
External Content
Translated from French with DeepL/gw
We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.
Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.
If you have any questions about how we work, write to us at english@swissinfo.ch.
Related Stories
Popular Stories
More
How ‘nearshoring’ is driving Swiss companies to move to Mexico
Lindt & Sprüngli reportedly considering shifting Easter bunny production to US
This content was published on
Swiss chocolate manufacturer Lindt & Sprüngli could relocate the production of its gold-wrapped Easter bunnies to the US in order to circumvent the import tariffs imposed by the Trump administration.
Swiss petition launched against curbing 30km/h speed limit
This content was published on
The Traffic Club of Switzerland (TCS) has submitted a petition to the Federal Chancellery, challenging the 30km/h speed limit on local roads.
Swiss government backs abolishing imputed rental value
This content was published on
The abolition of the imputed rental value in federal tax is intended to reduce incentives for high private debt and simplify the tax system. On Friday, Finance Minister Karin Keller-Sutter spoke on behalf of the Federal Council in favour of Parliament's proposal.
This content was published on
After a strong start to the year, the Swiss economy has slowed considerably. In the second quarter, gross domestic product (GDP) rose by just 0.1 per cent on an adjusted basis compared to the previous quarter.
This content was published on
The Ticino cantonal criminal court in Lugano has found a priest guilty of multiple sexual assault and sexual offences with minors. The man was sentenced to a conditional 18-month prison term.
Swiss disappointed by failed plastics agreement in Geneva
This content was published on
Switzerland will not get its Geneva agreement against plastic pollution. Chief negotiator Felix Wertli spoke on Friday morning of his delegation's disappointment.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.