What Happened
Major Aerospace Deal Signals Reopening Of Chinese Market
Boeing has confirmed an initial order of 200 aircraft from China, marking a major milestone in the company’s efforts to reopen the Chinese market to its products. The deal, which may be expanded, was announced following a successful trip to China by Boeing officials. According to Aviation Week, Chinese officials have agreed to the purchase, which is seen as a significant development for Boeing’s commercial aircraft business. The news was reported by Aviation Week Network.