China considers excluding Boeing 737 max from trade deal
China is looking at excluding Boeing’s troubled 737 Max jet from a list of American exports it would buy as part of a trade deal with the US, people familiar with the matter said. Boeing jets were featured on a draft list of American products China would buy to reduce its trade surplus with the US, the people said. Now, safety concerns are pushing China to examine whether to cut the 737 Max from the list altogether or replace it with other Boeing models after the crash of a plane operated by Ethiopian Airlines led to the aircraft being grounded worldwide, they said. For Boeing, China’s exclusion of Max purchases in a trade deal would mark another setback for a company that’s reeling from a crisis of confidence over its top-selling plane, which accounts for almost a third of its operating profit. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-03-20/general/china-considers-excluding-boeing-737-max-from-trade-deal
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China considers excluding Boeing 737 max from trade deal
China is looking at excluding Boeing’s troubled 737 Max jet from a list of American exports it would buy as part of a trade deal with the US, people familiar with the matter said. Boeing jets were featured on a draft list of American products China would buy to reduce its trade surplus with the US, the people said. Now, safety concerns are pushing China to examine whether to cut the 737 Max from the list altogether or replace it with other Boeing models after the crash of a plane operated by Ethiopian Airlines led to the aircraft being grounded worldwide, they said. For Boeing, China’s exclusion of Max purchases in a trade deal would mark another setback for a company that’s reeling from a crisis of confidence over its top-selling plane, which accounts for almost a third of its operating profit. <br/>
