Boeing, who is looking to resell a bunch of planes stuck in China due to tariffs, has returned a third jet to the United States instead of keeping it in storage because no one is buying. Not really sure why this matters, but it’s a big deal for the US-based planemaker trying to save money and pay off debt. Customers are calling for more planes, even though many in China won’t take delivery due to tariffs. Not sure why this is in the news, but Boeing said they won’t keep building planes if there are no buyers.
Boeing’s move to publicly mention the potential sale is kind of shady, considering these negotiations are usually secret. It seems like they’re sending a message to both Beijing and Washington about the costs of the tariff war. Not sure if this will work out for Boeing, but President Trump raised tariffs on Chinese imports, and China retaliated with tariffs on US goods.
Boeing might be able to find new buyers in India or Latin America, but it’s a risky move that could cost millions of dollars in changes to each plane. It’s tough to switch configurations after the fact and get the original buyer on board. Boeing is only facing this issue in China, but it seems like a big problem.
Boeing is now facing the threat of tariffs affecting its trading status, but there’s no clear evidence of a ban on US jets by China. They’re trying to sell planes that have been sitting in China for years due to trade tensions. It’s a long journey to fly these planes back to the US, with Guam being one of the stops.
Airbus, Boeing’s rival, is also in talks for a huge order of jets from China, but it’s unclear how the rift between the US and China will affect them. Airbus never comments on these kinds of discussions, so it’s hard to know what’s going on.