Boeing seeks new buyers for planes as China halts deliveries amid trade tensions, reports narrower loss.

Boeing’s CEO, Kelly Ortberg, has confirmed that China has stopped taking delivery of its aircraft amidst escalating trade tensions and tariffs between the US and China. As a result, Boeing is now looking for alternative buyers for the planes, including the 737 MAX that were initially designated for Chinese airlines. Despite this development, Boeing posted a loss that was narrower than anticipated and is aiming to ramp up aircraft production.

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