This development may indicate Boeing's growing confidence in the Chinese market, which could strengthen its competitive position against other planemakers. The deal suggests a significant investment in aftermarket support, which may benefit Boeing's services division and could set a precedent for future large-scale orders.
US Planemaker Offers Aftermarket Parts For Large Chinese Deal
Boeing’s top services executive, Chris Raymond, stated that the company can provide aftermarket parts support to China for a 200-jet order. The deal, which is expected to be firmed up later this year, is seen as an ‘initial tranche’ of a potentially larger agreement, according to CEO Kelly Ortberg. Boeing has a parts warehouse in China and can supply parts allowed for global sale. This was reported by Reuters.
This development may indicate Boeing's growing confidence in the Chinese market, which could strengthen its competitive position against other planemakers. The deal suggests a significant investment in aftermarket support, which may benefit Boeing's services division and could set a precedent for future large-scale orders.
US Planemaker Offers Aftermarket Parts For Large Chinese Deal
Boeing’s top services executive, Chris Raymond, stated that the company can provide aftermarket parts support to China for a 200-jet order. The deal, which is expected to be firmed up later this year, is seen as an ‘initial tranche’ of a potentially larger agreement, according to CEO Kelly Ortberg. Boeing has a parts warehouse in China and can supply parts allowed for global sale. This was reported by Reuters.