Boeing (BA) CEO Ortberg Joins Trump on China Visit Next Week

Published on · Source: cnbc.com

Boeing (BA) CEO Ortberg Joins Trump on China Visit Next Week

AI Summary

Summarized by AI from the source below

Boeing (BA) CEO Kelly Ortberg is set to join President Trump on a scheduled visit to China on May 14-15. Ortberg indicated during a recent earnings call that China could place a significant order for Boeing planes, potentially breaking a long period with no major sales from the company. However, he noted that any new deal depends entirely on the state of U.S.-Chinese relations. Competing manufacturer Airbus recently secured a deal worth $21.4 billion for 137 A320 aircraft with China Southern Airlines, highlighting ongoing competition in the market.

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