The deal "including about 200 aircraft and pledges can buy 750 if they do well," he said. The aircraft will use the GE Aerospace engine.

Details of the agreement, such as the type of aircraft and time of delivery that has not yet been revealed. Earlier, on 14 May, he pointed out on *Fox News that China had agreed to buy 200 Boeing Airplanes.

If completed, this would be Boeing's first major order with China for nearly a decade. The U.S. flight was almost isolated by Chinese visitors due to commercial tensions two countries have escalated over time. China is currently the world's second largest airline market.

  • A Boeing 77-9 in Paris (June) June/2023. Image: Reuters*

Boeing also confirmed that the agreement consisted of "the initial commitment" to purchase 200 aircraft. They expect to sell more after this first round. The company often used the term "consistencies" to indicate preliminary agreements not yet completed, and has not yet been noted in the official order book. Boeing said they expected "to continue meeting the Chinese plane needs".

CEO Boeing Kelly Ortberg and CEO GEspace Larry Culp were part of the group of American business leaders accompanying Trump to China, with the expectation of closing agreements or settling disputes in business here.

In an interview with Fox News airing late 15/5, Trump said Chinese Boeing orders would have lines 777 and 737. "Mr. Album pledges 200, 777 and 737, along with a lot of big, beautiful Boeing planes," he said.

For China, this large order will help them to continue to expand the airline market, in the context of the narrow-seat aircraft production of the CMAC C919 integrating. This will also help Boeing narrow the gap against Airbus opponents, who have been away from Boeing in China for the past few years.

According to an estimate by the IBA airline consulting company, the order of 200 aircraft was worth about $17-19 billion, if 80% were line 737 MAX. "This figure may increase to $25 billion if the weight of a wide body in the larger order, about 40%", Samuel Kenekueyo - analyst at IBA said.

The agreement will also be a necessary victory for Mr Trump, in the context of solid import and trade tax policies that have not significantly reduced the US's large trade deficit.

If you pass 500 aircraft, this will be the largest airline order in the history of the airline, overcoming the agreement of the 500 narrow aircraft of Indie Go with Airbus. Despite this, many Chinese singles will be divided by three major national airlines.

Boeing stock fell nearly 4% of May 14 after Mr. Trump told Fox News that China agreed to buy 200 aircraft, lower than expected by analysts. The stock continues to drop around 3,8% on 15 May. Meanwhile, GE Aerospace stock dropped 2%.

Reuters quoted the sources in the industry that Boeing initially sold at least 500 narrow body aircraft along with dozens of other broad bodies in Mr. Trump's visit to China, and may add to another 200 in the following period. Mr Trump said Mr. Album would be arriving in Washington in September, suggesting that this may be the time for the next purchase.

**StateTeam (2010)

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