Boeing CEO confirms China "stopped taking delivery" amid US-China tariff row
Boeing's CEO, Kelly Ortberg, confirmed that China has ceased taking delivery of its aircraft due to escalating trade tensions and tariffs imposed by both Washington and Beijing. Consequently, Boeing will actively seek alternative buyers for these planes, including the 737 MAX, originally intended for Chinese airlines. Despite this setback, Boeing reported a narrower-than-expected loss and plans to increase aircraft production.
Boeing's CEO, Kelly Ortberg, confirmed that China has ceased taking delivery of its aircraft due to escalating trade tensions and tariffs imposed by both Washington and Beijing. Consequently, Boeing will actively seek alternative buyers for these planes, including the 737 MAX, originally intended for Chinese airlines. Despite this setback, Boeing reported a narrower-than-expected loss and plans to increase aircraft production.
