Tariffs, labour costs push jet prices higher

Commercial plane prices are soaring, driven by supply chain disruptions, rising material costs, and geopolitical factors like the exclusion of Russian titanium. US President Trump's tariffs on steel and aluminum further exacerbate the issue. Labor costs are also increasing, with Boeing and Spirit AeroSystems agreeing to significant wage hikes.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rEj0SWM

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