Wed, 23 Apr 2025

Wed, 23 Apr 2025 China sends Boeing planes back to US over tariffs

Boeing's boss says it's looking to sell 50 more planes China has on order to other countries.

* China has returned planes ordered from Boeing as a result of US tariffs
* Boeing's CEO Kelly Ortberg said 50 more planes were due to go to China but customers have indicated they won't take delivery
* China has stopped taking delivery of aircraft due to tariff environment, according to Ortberg
* Boeing is assessing options to re-market 41 already built planes to other customers
* The company may assign 9 unfinished planes to other customers if necessary
* Boeing will not continue building aircraft for customers who won't take them
* US Treasury Secretary Scott Bessent told the IMF conference there was an opportunity for a "big deal" between the US and China on trade
* Others in the Boeing supply chain, mainly in Japan and Italy, are now exposed to tariffs.
  >>