Overview
- Boeing confirmed late Friday that China made an initial commitment to buy 200 aircraft following President Trump’s visit to Beijing.
- Trump said the package could ultimately reach up to 750 planes and that GE Aerospace would supply about 400 to 450 engines.
- Boeing said more commitments are expected, but it did not specify aircraft types, delivery timing, or whether the deals are firm contracts.
- Investors pushed Boeing shares down roughly 4% to 5% after Thursday’s smaller-than-expected figure, following reports that about 500 jets had been under discussion.
- If finalized, this would be Boeing’s first major Chinese sale in nearly a decade and could steer work to U.S. factories and suppliers as the company works to regain ground from Airbus in China.