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Boeing, Chinese

Riyadh Air willing to buy Boeing planes from cancelled Chinese orders, CEO says

Riyadh Air CEO Tony Douglas on Monday said that the Saudi startup carrier would be ready to buy Boeing aircraft destined for Chinese airlines if they are not delivered due to the escalating trade war between the United States and China.

Fortune on MSN · 2d

Boeing will find it ‘relatively easy’ to find customers for China’s rejected planes, says jet leasing CEO

Boeing planned to complete 50 orders for Chinese customers this year but is now assessing options as China refuses Boeing plane deliveries due to the trade war.

USA Today · 2d

Chinese airlines rejecting new Boeing jets over tariffs

Boeing has confirmed that its Chinese customers are refusing to take delivery of new jets as tariffs raise prices. Chief executive Kelly Ortberg said “many” airlines in China now won’t accept deliveries.

Airbus, Spirit AeroSystems and Boeing

Bloomberg on MSN · 3h

Airbus to Assume Spirit Asset as Boeing Takes Back Supplier

Airbus SE agreed to take over some assets and sites from Spirit AeroSystems Holdings Inc., clearing the way for the struggling US aerospace supplier to be acquired back by its former parent Boeing Co.

Airbus will buy Spirit AeroSystems’ US and UK assets as it carves up the supplier with Boeing

Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said Monday, completing a critical part of a transatlantic carve-up of the struggling supplier with US rival Boeing.

The Financial Times · 2h

Airbus finalises deal to take over parts of aerospace supplier Spirit

Airbus has finalised a deal to take over Spirit AeroSystems’ facilities that make vital components for some of its aircraft programmes, clearing the way for US rival Boeing to complete a takeover of the supplier that it spun out two decades ago.

2d

Boeing, NASA pause experimental, sustainable plane project

Boeing and NASA will pause work on the X-66 Sustainable Flight Demonstrator, an experimental plane design featuring long, ...

4don MSN

Boeing has a $1 billion China problem — and a fix

Boeing has about 50 planes that have to be sold because Chinese customers have said they won't take deliveries.

2d

Boeing CEO open to new leadership amid high salaries and poor stock performance

Ortberg is tasked with restoring the might of a once-major corporate powerhouse and leading U.S. exporter that had been rocked by multiple crises.

4d

Boeing is nearly back on its feet — just in time for Trump trade war hit

Boeing will feel the impacts of hefty tariffs, but the company’s strong first quarter has set it up to for continued recovery ...

4d

Boeing Can Ride the Tariff De-Escalation Tailwind: Heard on the Street

If Donald Trump truly de-escalates his trade war, Boeing could be an early winner. Shares in the plane maker jumped around 6% ...

4don MSN

Boeing CEO says trade uncertainty, China tensions not expected to affect aerospace giant’s rebound

Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions ...

4don MSN

Boeing doesn't expect the US trade war with China to slow its recovery

Boeing CEO Kelly Ortberg says he doesn't expect the U.S. trade war with China to get in the way of its its financial recovery ...

3don MSN

Boeing CEO says F-47 fighter jet win over Lockheed cements its spot in the fighter business. It's back in the stealth fighter game.

Boeing's CEO said its win over Lockheed Martin with the F-47 contract "will secure our fighter franchise for decades to come.

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