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Boeing CEO Kelly Orberg doesn’t wait for the United States on WednesdayTrade War with ChinaTo prevent the company’s financial restoration, or by China airline, the aircraft refuses to receive Boeing planes now to prevent the reach of delivery targets.
Speaking at CNBC, Boeing said that there were three planes ready to be delivered in China, but so far he brought the two plane to Seattle, because the planes stopped the delivery of aircraft due to tariffs. “
Beijing has increased import tax125% of American goodsThis month, US President Increases Donald Trump’s Products TariffUp to 145% in China. China’s tariff, Boeing, the largest exporter of the United States, will double the cost of passenger planes selling ten million dollars.
When the company planned to complete 50 orders for Chinese airline this year, Orberg, Boeing said the choice of Boeing “actively evaluates” to direct these jetiners to other interesting buyers.
“This is a failure, but we have many customers who want to supply close-round, so we plan to redirect the supply and continue to build a plane for customers who will not take them.” Analysts
StopAbout a quarter of a aerospace giant’s ended to Boeing between Washington and Beijing, about a quarter of the aerospace giant is less than the end of Jefferies.
Work in China, in 2019, when the country has become the first place of Boeing737 max airplanesA pair of fatal crashesHe killed 346 peopleless than five months less than each other. Chinese Airlines did not restore maximum flights until January 2023, and it is later than other countries.
At present, China, Brian West, the head financial employee said that an order of $ 500 billion is currently about 10%.
About 70% of commercial planes waiting for the company to be delivered in 2025 were for international customers. If tariffs are caused by countries other than countries to retaliate and turn offTo accept planesHe said, “We will see additional pressure on Boeing’s money supply,” he said.
“Given our position as an important exporter, a free trade policy in Commercial Aerospace is very important for us,” he said.
Following the tariffs to oppose the things described as Trump’s unfair trade policy, Boeing, including a panel of 737 in the flight, including a panel, including a maximum panel in flight andlabor holidayHe closed the production of last year. The company sawits incomeand the exchange rate is dramatically reduced.
Ortberg, Boeing of the financial results of the first quarter, said that the company’s recovery plan was “full-speed and effective, he said.
Boeing placed a 49 cents for a share in $ 19.5 billion in income. The results exceeded the expectations of analysts that surveyed the $ 1.54 loss per share in $ 1.29 billion in income.
The company has significantly reduced the burning of about $ 2.29 billion in advance of about $ 4 billion in advance.
Arlington, Boeing’s shares in Virginia increased by 6.6% in the afternoon.
Trump announced tariffs that sweeps the tariffs caused by panic and degrading in the financial markets on April 2. PresidentPut partially 90-day retention on import taxesbut has already increasedDick tariffs against China.
US Treasury SecretaryScott betA saidspeechOn Tuesday, this situation was unstable and the “escalation” is expected in the trade war between the world’s largest economy.
This story was first displayed Fortune.com