Boeing Nears 500-Aircraft Sale Deal With China

Boeing is nearing a historic deal to sell up to 500 aircraft to China, potentially ending a yearslong sales drought and marking a significant breakthrough in the critical Chinese market. Negotiations are in the final phase, with details such as specific aircraft models, volumes, and delivery schedules still being finalized. The deal is expected to focus on Boeing's popular 737 Max line and could rival a similar-sized order China is preparing with Airbus, reflecting Beijing's strategy to balance between the two global aviation giants. The contract's completion depends heavily on the ongoing trade relations between the U.S. and China, with President Donald Trump and Chinese leader Xi Jinping's diplomacy playing a key role. Boeing has faced challenges in China following the 737 Max suspension and leadership changes within its China operations, but this agreement could help the company regain lost ground. Despite positive momentum, the deal is not guaranteed and could still fall apart depending on broader geopolitical and trade developments.