On May 15th, Boeing issued a statement confirming that the Chinese market has officially reopened for orders. The statement emphasized that the trip by a US delegation to Beijing, including Boeing CEO Kelly Ortberg, accomplished this significant goal with an initial commitment for 200 aircraft. Boeing expressed gratitude to the Trump administration for successfully facilitating this milestone and anticipates further commitments to meet China's growing aviation needs. Details regarding the specific aircraft models included in this transaction have not yet been disclosed.
Commenting on the deal, US President Donald Trump said in a television interview that the commitment to purchase 200 large aircraft would contribute to creating a large number of jobs for American workers. Speaking to reporters on Air Force One upon his return to the US, he revealed that the agreement also included a promise to increase the total to 750 aircraft if the delivery of the first 200 went smoothly. If realized, this would be the largest order ever in the aviation industry, surpassing the current record held by IndiGo with an order of 500 Airbus A320s. US media had previously predicted that Beijing was preparing for a large deal including 500 737 MAX aircraft and around 100 wide-body aircraft such as the 787 Dreamliner and 777.
Reaching the agreement is significant in relieving the "thirst" for orders from the billion-person market, as the last time China ordered Boeing aircraft was in 2017 with 300 planes worth $37 billion. Over the years, Boeing has faced numerous obstacles in this market due to flight safety issues and trade barriers. China was the last country to grant permission for the 737 MAX to resume flights in 2023, after two serious accidents led to a 20-month global grounding of the aircraft. Deliveries have also been repeatedly disrupted, from the 2019 suspension, a temporary halt due to lithium battery technical issues in mid-2024, to retaliatory sanctions when the US reimposed tariffs in January 2025. However, the trade "truce" agreement between the world's two largest economies at the end of last year paved the way for Boeing to resume normal business operations with its Chinese partner.
In terms of long-term prospects, Boeing's 20-year outlook report, published last June, projected that the world will need approximately 44,000 new aircraft by 2044 to replace aging fleets and meet growing demand. About half of that demand will come from key regions such as China, South Asia, and Southeast Asia. As of the end of last month, the largest US exporter had 6,814 aircraft awaiting delivery with an estimated total value of around $600 billion.
Source: https://baonghean.vn/boeing-xac-nhan-dat-thoa-thuan-ban-200-may-bay-cho-trung-quoc-10336984.html
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