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China Airlines ordered nearly $12 billion worth of Boeing and Airbus widebody aircraft. The deal is worth about $7.4 billion to Boeing, with China Airlines as its newest 777X customer.
The China-based airline maker has been working for well over a decade to build a challenger commercial aircraft that can shake up Boeing and Airbus’s stronghold.
Boeing's (NYSE: BA) most important business is Boeing commercial airplanes (BCA), which will likely stay that way for the foreseeable future. However, in an election year, investors will ...
The $8.7bn over 40 years incentive to Boeing to manufacture the 777X in the state includes $4.2bn from a 40% reduction in business taxes, £3.5bn in tax credits for the firm, a $562m tax credit on property and buildings belonging to Boeing, a $242m sales tax exemption for buying computers and $8m to train 1000 workers, [161] Airbus alleges this ...
Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue [6] and is the largest exporter in the United States by dollar value. [7] Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. [8]
China wants to take a bite out of the commercial passenger aviation market with the C919, its homegrown passenger jet from the state-owned Commercial Aircraft Corporation of China (COMAC). State ...
(Bloomberg) -- The long-awaited trade agreement between the U.S. and China may pave the way for Boeing Co. to resume sales to the world’s second-largest aviation market, but the American giant ...
Six months after the West lifted an almost two-year flight ban on the MAX, there is no clear end in sight for the crisis surrounding Boeing's fastest-selling jet in China - the first nation to ...