A Historic 500-Aircraft Deal with China: Boeing’s Game-Changer
Boeing is on the brink of sealing a historic deal with China for an order of up to 500 commercial aircraft, as reported by U.S. lawmakers visiting Beijing. This significant order, potentially worth tens of billions of dollars, marks China’s first major Boeing purchase since 2017 and symbolizes a considerable thaw in U.S.-China aviation relations.
During a press conference on September 23, U.S. Representative Adam Smith confirmed that negotiations are “in the final days or weeks.” U.S. Ambassador David Perdue described it as a “massive order” and emphasized its importance stating, “It’s crucial to the president, Boeing, and China.” This agreement is anticipated to be a key part of broader trade discussions between President Trump and Chinese President Xi Jinping.
The potential order could provide a significant boost to Boeing, helping it regain market share lost to its European rival Airbus. Airbus has been the dominant player in Chinese aviation purchases in recent years. The deal emerges as Boeing strives to rebuild relationships in China, following years of trade tensions, the grounding of the 737 MAX, and geopolitical challenges that halted previous aircraft orders.
Source: AeroTime News