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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]
(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 ...
Greater regulatory scrutiny on Boeing's production process following the mid-air blowout of a door plug on a Boeing 737 MAX 9 plane in January will also mean fewer Boeing planes on the market.
Airbus, Boeing and a potential Chinese rival remain positive about the prospects for China's aircraft market over the next two decades despite a trade war with the United States and slowing ...