BOEING LAMENTS TRADE RESTRICTIONS WHICH HINDER SALES

Geoffrey Thomas

By Geoffrey Thomas Sat Jul 2, 2022

Boeing is lamenting the trade restrictions which are hindering sales of new aircraft to one of its biggest customers - China. This week Airbus was able to tout an order for 292 of its A320 family series in a major win. In response, Boeing said: "Today's announcement is an example of how constructive dialogue between governments encourages job creation and the other benefits that result from open aerospace markets. As a top U.S. exporter with a 50-year relationship with China's aviation industry, it is disappointing that geopolitical differences continue to constrain U.S. aircraft exports. "We continue to urge a productive dialogue between the governments given the mutual economic benefits of a thriving aviation industry. Boeing aircraft sales to China historically support tens of thousands of American jobs, and we are hopeful orders and deliveries will resume promptly." Boeing has almost $10 billion worth of aircraft that have been produced and ready for delivery to airline customers in China, which are expected to be delivered this year once COVID restrictions in China are lifted.
Traditionally China has split its business between the US and Europe but the trade war with the US has seen that severely disrupted. READ: Tim Clark: I would build another A380 only twice the size. SEE: Geoffrey Thomas discusses airport chaos About AirlineRatings.com Airlineratings.com was developed to provide everyone in the world a one-stop shop for everything related to airlines, formed by a team of aviation editors, who have forensically researched nearly every airline in the world.
Our rating system is rated from one to seven stars on safety – with seven being the highest ranking. Within each airline, you will find the country of origin, airline code, booking URL and seat map information. The rating system takes into account a number of different factors related to audits from aviation’s governing bodies, lead associations, as well as the airlines, own safety data. Every airline has a safety rating breakdown so you can see exactly how they rate. Over 230 of the airlines on the site that carry 99 per cent of the world’s passengers have a product rating. Given that low-cost, regional and full-service carriers are so different we have constructed a different rating system for each which can be found within each airline.      
 

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