China agrees on buying 300 Boeing aircraft in a $37 billion deal

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Boeing and China Aviation Supplies Holding Company (CAS) today signed an agreement for 300 aeroplanes during a ceremony in Beijing. It was part of the United States trade mission to China, and was signed by Kevin McAllister, Boeing Commercial Airplanes president and CEO, in the presence of US President Donald Trump and China President Xi Jinping.

The agreement includes orders and commitments for 300 Boeing single-aisle and twin-aisle aeroplanes. The aeroplanes are valued at more than $37 billion at list prices.

China is a valued customer and key partner, and we’re proud that Boeing aeroplanes will be a part of its fleet growth for years to come,” said McAllister. “Boeing and China have a strong history of working together based on great mutual respect, and these orders build on that foundation.”

Boeing and China continue to work on mutually beneficial ways to grow and support the aviation market. These efforts include industrial cooperation, the development of technologies to reduce aviation’s environmental impact and enhance sustainability, and continued cooperation to support the safety, efficiency and capacity of China’s air transport system.

4 COMMENTS

  1. Interesting, but fake news, as usual during State visits.

    “According to a person familiar with Boeing’s orders, who asked not to be identified because of the political sensitivities, most of the jets included in Thursday’s announcement — 40 larger twin-aisle aircraft and 260 single-aisle airplanes — are not newly ordered.”

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