Hope fading for new Boeing deal during U.S.-China summit, sources say
The planemaker is trying to finalize a May deal for China to buy 200 planes, rather than pursue hopes of securing new commitments for more jets.
Hopes for a new China commitment to purchase Boeing aircraft are dwindling ahead of a Thursday meeting between U.S. and Chinese presidents, according to two sources familiar with the ongoing negotiations. The aviation giant is now focusing on finalizing a May agreement for China to acquire 200 planes, rather than earlier expectations of securing commitments for more than 200 additional jets, the sources said, speaking on condition of anonymity due to the private nature of the discussions.
The provisional deal, reached alongside U.S. President Donald Trump's recent summit with Chinese President Xi Jinping in Beijing, repositioned Boeing into competition for Chinese jetliner orders.
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