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Boeing Is in Talks for a Megadeal That the Trade War Could Derail

2019-06-06 11:00:16       source:Bloomberg

June 5, 2019


Boeing Co. has been negotiating one of the largest orders ever of wide-body jetliners with Chinese airlines even as tensions between Washington and Beijing escalate, say people familiar with the talks.


The discussions center on about 100 twin-aisle jets: 787 Dreamliners as well as 777X planes, the newest long-range aircraft in Boeing’s lineup, said one of the people, who asked not to be named as the talks are private. Negotiations have focused in particular on the 777-9 variant, the planemaker’s costliest jet with a $442.2 million sticker price, ahead of the model’s expected first flight later this month.


No deal is imminent, the people cautioned, and the trade war is a major complication for all involved. The Chinese side is waiting for guidance from the government before pushing forward with the discussions, according to some of the people, as the tit-for-tat fight between the U.S. and China intensifies.


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https://www.bloomberg.com/news/articles/2019-06-05/boeing-in-talks-for-china-megadeal-that-trade-war-could-derail?srnd=premium-asia