O'Leary: Boeing must pay the extra tariffs on Ryanair's aircraft deliveries if trade war ramps up

Ryanair reported after-tax profit of €820m during first quarter of latest financial year

Chief executive of Ryanair Holdings Michael O'Leary. 

Ryanair chief executive Michael O’Leary has said that the airline will not be on the hook to pay any additional tariffs on the aircraft it has ordered as it has entered into a fixed-price agreement with Boeing which leaves the US airplane-manufacturer paying any additional charges.

Last week, the EU finalized a second list of countermeasures to target US goods worth €72bn including Boeing aircraft, automobiles and bourbon if it decides to retaliate against Donald Trump’s tariff policy.