Varapalo to Boeing. Beijing has ordered its airlines not accepting more Boeing deliveries, the American aircraft manufacturer, as reprisals to Washington. China’s last punishment to the US joins the reciprocal tariffs of the 125% And it arrives days after Donald Trump will finalize 145% tariffs to imports from China. In addition, the Asian giant has banned the purchase of teams and parts of the United States aerospace companies, a decision that will make Boeing’s business difficult in China, a market that represents 20% of the global demand.
Among the Chinese airlines that use Boeing airplanes in their fleets are China Air, China Southern Airlines, China Eastern Airlinesairlines, HNA, Xiamen and others. On the other hand, the largest airlines tend to favor the European rival of Boeing, Airbus The exception is Air China, China’s national airline, where most of its fleet (480 airplanes) have been manufactured By Boeing. 49%, half, are from Airbus, according to Cirium data. The rest of the airlines have more Airbus airplanes.
Boeing’s actions have llEgado to retreat 2.5% in the stock market after the adand now they are left around 1.4%. The aircraft manufacturer presided by Kelly Ortberg has obtained important military contracts under the administration of Trump. For example, at the end of March Boeing he won a billionaire contract to manufacture the combat aircraft of the United States Air Force.
China has punished several companies in the United States aerospace sector for their role in subsidizing Taiwan. Among them, is Boeing, Lockheed Martin, Raytheon Technologiesamong others. The segment focused on Boeing has also been at Boeing’s point due to its sales to Taiwan, and the CEO of Boeing Defense has been sanctioned by Beijing.
