PETE JUHAS, CFO OF AERCAP, SPEAKS TO CNBC'S ‘SQUAWK BOX’ AT THE PARIS AIR SHOW
Pete Juhas spoke with Steve Sedgwick, CNBC presenter of Squawk Box Europe, live from the Paris Air Show this morning. They discussed the geopolitical situation and how the trade landscape is creating a lot of uncertainty for the aviation industry. He spoke about the resilience of the sector and the challenges it has managed through the past several years, including Covid and the Russia/Ukraine conflict, and how if you are well-positioned for those environments, you can take advantage of them. They also discussed the rationale for a zero-tariff regime for aviation, which AerCap has been strongly advocating for, along with the positive news overnight of the U.S. / UK trade deal, which provides for zero tariffs on aerospace products and could serve as a precedent for future bilateral trade deals.