China has stopped accepting Boeing aircraft due to the ongoing trade dispute with the United States, CEO Kelly Ortberg (pictured) confirmed on Wednesday.
"They have in fact stopped taking delivery of aircraft due to the tariff environment," Ortberg told CNBC, confirming that several 737 Max jets set for Chinese carriers have been flown back to the US. Boeing now plans to offer those planes, as well as others initially meant for China, to different customers. "We're not going to wait too long," Ortberg said, claiming that there is "plenty of demand" for the model.
Earlier today, Boeing reported its net loss for the first quarter of 2025 significantly narrowed to $31 million from $355 million a year earlier.
