Boeing’s CEO is trying to find buyers for 50 planes after Chinese airlines cancelled their orders amid Trump’s trade war

Quick Summary:

Boeing CEO Kelly Ortberg doesn’t expect the U.S. trade war with China to forestall the company's financial recovery.

Boeing posted an adjusted loss of 49 cents per share on revenue of $19.5 billion.

The company's business in China plummeted in 2019, when the country became the first to ground all Boeing 737 Max planes following a pair of fatal crashes that killed 346 people less than five months apart.

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Article Details

Author / Journalist: Michelle Chapman, The Associated Press

Category: EconomyBusiness

Markets: United StatesChina

Topics: Tariffs and trade Boeing 737 Max Boeing Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 20:57:35 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 164 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28178334

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Official Website: fortune.com

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