Boeing, Trump and Air Force One
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Boeing stock rose early on Tuesday, with investors hopeful that the breakthrough in trade talks between the U.S. and China means Beijing will lift a ban on the jet maker’s deliveries.Shares climbed 0.
China has removed a ban on airlines taking delivery of Boeing planes after the United States and China agreed a temporary cut in steep tariffs, Bloomberg News reported on Tuesday, citing sources familiar with the matter.
China has removed a monthlong ban on airlines taking delivery of Boeing planes, according to people familiar with the matter.
Boeing's recovery signals make it a contrarian buy with 26% upside. Click to know more about BA's growth potential, improving revenues, and acquisition benefits.
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Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement
Saudi Arabian lessor AviLease has made its first direct order for Boeing aircraft, securing 30 737-8 aircraft.
(Reuters) -Saudi Arabia's sovereign wealth fund plans to order 30 Boeing 737 MAX jets, Bloomberg News reported on Tuesday, citing people familiar with the matter.
A former Boeing quality control manager took his life after company lawyers questioned him about his whistleblowing about defects in jumbo jets.