Boeing seeks new buyers as China halts aircraft deliveries over trade tensions, reports smaller-than-expected loss.

Boeing’s CEO, Kelly Ortberg, has confirmed that China has halted the delivery of aircraft from the company amidst the growing trade tensions and tariffs between the United States and China. As a result, Boeing is now looking for new buyers for the aircraft, including the 737 MAX planes that were initially designated for Chinese airlines. Despite this development, Boeing managed to report a loss that was less severe than anticipated. The company is also planning to boost its aircraft production in the near future.

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Boeing seeks new buyers as China halts aircraft deliveries over trade tensions, reports smaller-than-expected loss.

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