Boeing (BA) CEO Ortberg Joins Trump on China Visit Next Week
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowBoeing (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.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About The Boeing Company (BA)
Boeing is one of the two dominant commercial-aircraft makers and a major U.S. defense and aerospace contractor.
The Industrials sector covers manufacturers, aerospace, defense and transport companies tied to economic activity.
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