Motilal Oswal
    NIFTY 50
Motilal Oswal

Boeing groundings put US-China trade-linked jet order in limbo

Updated : March 15, 2019 07:32 AM IST

Evidence of a major potential order for more than 100 jets worth well over $10 billion at list prices had risen in recent weeks as Washington and Beijing reported some progress in trade talks to resolve a months-long trade war.
It is uncertain how quickly China will be willing to give the 737 MAX the expected new endorsement after ordering its own airlines to stop flying the jet - though much could change as Ethiopian investigators assemble clues to the second deadly crash of the brand-new model in five months.
Even before the 737 MAX crisis, trade tensions had been widely seen as a growing source of risk for Boeing, which relies on China for one of four of the planes it delivers.
Boeing groundings put US-China trade-linked jet order in limbo
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