China rescinds sales prohibition of Boeing aircraft deliveries
Get ready for blue skies and soaring heights again! China has given the green light for its airlines to purchase Boeing aircraft following a truce in the US-China trade war. This move is set to provide a much-needed boost to Boeing's operations. Indeed, it's anticipated that around 50 Boeing jets will touch down in China this year.
Following the first agreement in their trade spat, China reportedly informed domestic airlines and government agencies that they could resume purchases of Boeing aircraft. The authorities are said to have allowed them to organize deliveries at their own pace — talk about flexibility!
Boeing, ever the coy cat, declined to comment on the situation, while the Chinese civil aviation authority remained tight-lipped when approached for comment. However, it's been revealed that China accounts for roughly 10% of Boeing's commercial order book, making it a critical and growing market for the aviation industry.
A Good Deal for Both Sides
The US and China agreed to take a step back from their trade war by significantly lowering tariffs on imported goods. US tariffs on Chinese goods dropped from an eye-watering 145% to a more manageable 30%, while China slashed its duties on US products from 125% to just 10%. This newfound friendship could potentially open up a world of opportunities for both countries, especially for big players like Boeing.
China's aviation market is projected to represent around 20% of global aircraft demand over the next two decades — that's a lot of airplanes waiting to take flight! In 2018, nearly a quarter of Boeing's production found itself in the hands of Chinese buyers. Yet recent years have been a bit rocky for Boeing in China due to trade tensions and internal issues, and they haven't yet announced any major new orders.
But with this truce, the landscape is changing. China stopped Boeing deliveries back in April 2025, and the ban was lifted in May following the US-China agreement. This should help Boeing get back on track and boost its financial health, while Chinese airlines can look forward to modernizing their fleets and expanding passenger capacity.
The Sky's the Limit
This development is more than just a breakthrough in Boeing's operations. It also signals a step toward easing tensions between the US and China and could lead to a rejuvenation of aerospace industry ties between these two powerhouses. Taiwan's China Airlines recently placed an order for up to 23 of Boeing's next-generation widebody jets, the 777X family, as an example of the growing interest in Boeing in the region.
Sources:- ntv.de- jki/rts
Tags:- Boeing- China- US- Tariffs- Trade disputes
The US-China trade agreement has paved the way for Boeing's employment policy, as airlines in China are now allowed to purchase Boeing aircraft, which is a significant portion of Boeing's commercial order book. This move is expected to boost the aviation industry and finance, given China's projected 20% share of global aircraft demand over the next two decades.
The easing of trade tensions between the US and China could potentially open up opportunities for businesses, especially in the aerospace sector, with Taiwan's China Airlines recently placing an order for up to 23 of Boeing's next-generation widebody jets, signaling a rejuvenation of aerospace industry ties between these two powerhouses.
