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Trade war could derail Boeing’s plans to sell widebody jets to Chinese airlines

06/06/2019| 10:47:29 AM|

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.

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, the planemaker’s costliest jet with a $442.2 million sticker price, which has been mired in a sales slump ahead of its planned 2020 debut.

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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TAGS: Boeing | trade war | 787 dreamliners | 777X planes
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