10 Articles
10 Articles
China reportedly orders its airlines to halt Boeing jet deliveries amid US trade war
Carriers also asked to stop purchases of aircraft-related equipment and parts from US firms, report saysChina has reportedly ordered its airlines not to take any further deliveries of Boeing jets, the latest move in its tit-for-tat trade war with the US.The Chinese government has asked carriers to stop purchases of aircraft-related equipment and parts from American companies, according to a report from Bloomberg, which cited people familiar with…
Tariff tensions: Boeing shares slump in premarket trading after China halts jet deliveries
Boeing's shares plummeted as China instructed its airlines to halt deliveries of Boeing jets amidst escalating trade tensions with the US, triggered by tariff impositions from both sides. This action significantly disadvantages Boeing in a crucial market, potentially doubling aircraft costs for Chinese buyers. Ryanair also cautioned about possible delays in Boeing deliveries due to tariff-related cost increases.
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- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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