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

AI Summary

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.