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Nearly a quarter of Boeing's sales come from China. >China's top three airlines - Air China (601111.SS), opens new tab, China Eastern Airlines (600115.SS), op
by nabla9 2y ago
Nearly a quarter of Boeing's sales come from China.
>China's top three airlines - Air China (601111.SS), opens new tab, China Eastern Airlines (600115.SS), opens new tab and China Southern Airlines (600029.SS), opens new tab - have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027.
- defrost 2y agoA 125% duty would significantly raise the cost of Boeing jets bound for Chinese carriers, making them a financial burden and potentially prompting airlines to consider alternatives like Airbus and domestic player COMAC. Resulting in footgun'ing Boeing to the tune of 179 passenger aircraft and several decades of parts. Good news for Airbus et al. though.