
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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