Boeing: Trade war won't slow recovery
- Chinese airlines are refusing to accept Boeing aircraft deliveries amid rising tariff tensions.
- This refusal follows Beijing's increase of import taxes on American goods to 125 percent.
- Boeing returned two airliners to Seattle from three aircraft in China.
- CEO Kelly Ortberg stated, "We're not going to continue to build aircraft for customers who will not take them."
- The company plans to redirect supply to other customers seeking near-term deliveries.
21 Articles
21 Articles
USA: Boeing criticises Trump's trade policy
Corporate CEO Kelly Ortberg warns of the risks of US trade policy and hopes for new agreements. Progress has been made in rehabilitating the aircraft manufacturer. But Ortberg also has bad news for Lufthansa CEO Carsten Spohr.
Boeing: Trade war won't slow recovery
Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the company's financial recovery, nor prevent it from reaching aircraft delivery targets with Chinese airlines now refusing to accept Boeing planes.
Boeing Adjusts Strategy Amid Trump Tariff Fallout, CEO Kelly Ortberg Says Won't 'Build Aircraft For Customers Who Will Not Take Them' As China Halts Deliveries - Boeing (NYSE:BA)
Boeing Co. is implementing a strategic pivot in response to China's halt of aircraft deliveries amid escalating tariff tensions, according to statements made during the company's first quarter of 2025 earnings call.
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