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The sources reported that this order was issued after China enacted 125% tariffs on U.S. products last week as part of a trade conflict with America. Subsequently, the price of American-made aircraft and their components more than doubled for Chinese airlines, rendering it unfeasible for them to purchase Boeing planes, the agency writes.
Approximately ten Boeing 737 Max aircraft are set to be handed over to Chinese airlines, comprising two each for Air China, China Southern, and Xiamen Airlines, as reported by Aviation Flights Group. It mentioned that several of the aircraft are currently stationed outside Boeing's Seattle facility, while a few are already located in Zhoushan in eastern China. Some sources indicate that the documents for delivery and payment of certain planes might be processed prior to the Chinese duties taking effect on April 12, possibly allowing these planes to enter China individually.
Simultaneously, sources indicated that Chinese officials are exploring options to assist airlines that lease Boeing aircraft experiencing heightened expenses
source: bloomberg.com
Approximately ten Boeing 737 Max aircraft are set to be handed over to Chinese airlines, comprising two each for Air China, China Southern, and Xiamen Airlines, as reported by Aviation Flights Group. It mentioned that several of the aircraft are currently stationed outside Boeing's Seattle facility, while a few are already located in Zhoushan in eastern China. Some sources indicate that the documents for delivery and payment of certain planes might be processed prior to the Chinese duties taking effect on April 12, possibly allowing these planes to enter China individually.
Simultaneously, sources indicated that Chinese officials are exploring options to assist airlines that lease Boeing aircraft experiencing heightened expenses
source: bloomberg.com