Skip to content

China renews purchases from Boeing by domestic airlines

Ongoing Commercial Conflict with the United States

China resumes Boeing aircraft purchases by domestic airlines.
China resumes Boeing aircraft purchases by domestic airlines.

China Greenlights Airlines to Resume Boeing Purchases After Trade Spat Ease

China renews purchases from Boeing by domestic airlines

Let's cut the crap and get down to the brass tacks. China's domestic airlines can once again snag Boeing aircraft, according to some juicy insider reports. The People's Republic has given the green light to resume deliveries of US-made aircraft, as reported by Bloomberg, citing trusted sources with the scoop.

Government birds have been chattering in Beijing, letting local airlines and other wagons know that they can start reaping the benefits of US aviation manufacturing again. The U.S. and China agreed on Tuesday to a 90-day truce in their brutal trade war. Big tariffs will be slashed, at least for now.

Boeing's keeping its lips sealed about the situation, while the Chinese Civil Aviation Authority is yet to crack a smile in response to a request for comment. For Boeing, China's market is a lucrative pie, accounting for approximately 10% of their commercial order book. It's a growing market that they can't afford to ignore.

In the past, China granted tariff exemptions for some aircraft parts. The ban on new Boeing planes and related equipment and parts from US companies was a significant blow to the aviation giant, causing a dip in market value. But now, with the ban lifted, there's hope that some of the pressure will ease up.

The decision to resume Boeing deliveries to Chinese airlines could signal a relaxation in the trade standoff, or maybe a clever shift in strategy from China. For Boeing, this could mean a breath of fresh air for their business. For the broader trade relationship between China and the U.S., it could be a sign that tensions are easing and cooperation is back on the menu.

[Sources]1. ntv.de2. RTS3. Bloomberg News Report citing people familiar with the matter.

The community policy in China's aviation industry may experience changes due to the resumption of Boeing aircraft purchases, as indicated by the trade spat easement. The financial implications for Boeing, a key player in the aerospace sector, could significantly improve with the reopening of the Chinese market, which accounts for a considerable 10% of their commercial order book. The ongoing policy-and-legislation discussions in the politics of both nations regarding general-news topics such as trade wars and tariffs will likely reflect this decision and possibly influence future employment policies within the industry.

Read also:

    Latest