
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines: Report
China and the US concluded two days of negotiations in London on Tuesday to resolve key trade issues in the two superpowers' bruising tariff war, where negotiators from Washington and Beijing agreed on a framework covering tariff rates.
On Monday, a new Boeing 737 MAX painted in the livery of Xiamen Airlines landed in China, adding to signs that the planemaker was resuming deliveries to China. The country represents about 10 per cent of Boeing's commercial backlog and is an important and growing aviation market.
Boeing had previously said customers in China would not take delivery of new planes due to the tariffs and that it was looking to resell potentially dozens of aircraft.

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CNA
8 hours ago
- CNA
India launches inspection of Boeing 787s after Air India crash
AHMEDABAD/NEW DELHI: India's government is urgently inspecting all Boeing 787s after a devastating Air India crash that claimed at least 270 lives this week, the aviation minister said on Saturday (Jun 14), adding that the authorities were investigating all possible causes. The aviation regulator on Friday ordered Air India to conduct additional maintenance checks on its Boeing 787-8/9 aircraft equipped with GEnx engines, including assessments of certain take-off parameters, electronic engine control tests and engine fuel-related checks. "We have also given the order to do the extended surveillance of the 787 planes. There are 34 in our Indian fleet," aviation minister Ram Mohan Naidu told a media briefing in New Delhi. "Eight have already been inspected and with immediate urgency, all of them are going to be done." Air India operates 33 Boeing 787s, while rival airline IndiGo has one, according to data from Flightradar24. The planes, however, have not been grounded, but a source on Friday told Reuters the Indian government was considering that as an option. Naidu also said the government will look at all possible theories of what led to the crash. Air India and the Indian government were looking at several aspects of the crash, including issues linked to its engine thrust, flaps, and why the landing gear remained open as the plane took off and then came down, Reuters has reported. The Boeing 787-8 Dreamliner with 242 people on board bound for Britain's Gatwick Airport began losing height seconds after takeoff on Thursday and erupted in a fireball as it hit buildings below, in what has been the world's worst aviation disaster in a decade. At least 270 bodies have been recovered from the site of the plane crash, Dhaval Gameti, president of the Junior Doctors Association at BJ Medical College, told reporters. Only one of the 242 passengers and crew onboard survived while others were killed as the plane struck the medical college's hostel as it came down. The crisis has cast a shadow on Air India, which has for years struggled to rebuild its reputation and revamp its fleet after the Tata Group took over the airline from the Indian government in 2022. Tata's chairman said on Friday the group wants to understand what happened, but "we don't know right now". Naidu said a government panel was investigating the crash and will issue a report within three months. "We are going to improve every necessary thing that is going to come our way, to improve the safety," he said at the briefing, declining questions from journalists. LONG WAIT FOR FAMILIES Dozens of anxious family members have been waiting outside an Ahmedabad hospital to collect bodies of loved ones killed in the crash, as doctors were working overtime to gather dental samples from the deceased to run identification checks and DNA profiling. Rafiq Abdul Hafiz Memon, who lost four relatives in the incident, said he was not getting any answers from authorities and was "very hassled". "We have lost our children ... we are not understanding anything. Please help us get information about our children. Tell us when they are going to release their bodies," Memon said. Another father was upset about not being able to get the body of his son, Harshad Patel, saying he was told by authorities it will take 72 hours for DNA profiling. "The authorities are trying to help but our patience is running out," he said. Most bodies in the crash were badly charred and authorities are using dental samples to run identification checks. Jaishankar Pillai, a forensic dentist, told reporters on Friday they had the dental records of 135 charred victims, which can then be matched through reference to victims' prior dental charts, radiographs or other records. Even for doctors, things are getting difficult, as the plane struck a hostel building of the BJ Medical College, where many of the dead are undergoing identification checks. "Most of us are struggling with our emotions and are mentally disturbed because of the loss of friends and colleagues," said one doctor who did not wish to be named.

Straits Times
10 hours ago
- Straits Times
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reports
BEIJING/HONG KONG - Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on June 14, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and Juneyao Airlines did not immediately reply to Reuters requests for comment on the Yicai report. The US aerospace giant had suspended new aircraft deliveries to China in April as President Donald Trump's tariff war escalated between the world's two largest economies. Boeing said at the end of May that deliveries would resume this month after the tariffs were temporarily scaled back for 90 days. China and the US concluded two days of negotiations in London on June 10 to resolve key trade issues in the two superpowers' bruising tariff war, where negotiators from Washington and Beijing agreed on a framework covering tariff rates. On June 9, a new Boeing 737 MAX painted in the livery of Xiamen Airlines landed in China, adding to signs that the planemaker was resuming deliveries to China. The country represents about 10 per cent of Boeing's commercial backlog and is an important and growing aviation market. Boeing had previously said customers in China would not take delivery of new planes due to the tariffs and that it was looking to resell potentially dozens of aircraft. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


CNA
11 hours ago
- CNA
Trump reports more than US$600 million in income from crypto, golf, licensing fees
Donald Trump reported more than US$600 million in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday (Jun 13) that provided a glimpse of the vast business holdings of America's billionaire president. The annual financial disclosure form, which appeared to cover the 2024 calendar year, shows the president's push into crypto added substantially to his wealth but he also reported large fees from developments and revenues from his other businesses. Overall, the president reported assets worth at least US$1.6 billion, a Reuters calculation shows. While Trump has said he has put his businesses into a trust managed by his children, the disclosures show how income from those sources still ultimately accrues to the president - something that has opened him to accusations of conflicts of interest. Some of his businesses in areas such as crypto, for example, benefit from US policy shifts under him and have become a source of criticism. The White House did not immediately respond to a request for comment. The financial disclosure was signed on Jun 13 and did not state the time period it covered. The details of the cryptocurrency listings, as well as other information in the disclosure, suggest it was through the end of December 2024, which would exclude most of the money raised by the family's cryptocurrency ventures. Given the speed at which the Trump family has made deals during his ascent to the presidency, the filing is already a time capsule of sorts, capturing a period when the family was just starting to get into crypto but was largely still in the world of real estate deals and golf clubs. A meme coin released earlier this year by the president - $TRUMP - alone has earned an estimated US$320 million in fees, although it's not publicly known how that amount has been divided between a Trump-controlled entity and its partners. In addition to the meme coin fees, the Trump family has raked in more than US$400 million from World Liberty Financial, a decentralised finance company. The Trump family is involved, also, with a bitcoin mining operation and digital asset exchange-traded funds. In the disclosures, Trump reported US$57.35 million from token sales at World Liberty. He also reported holding 15.75 billion governance tokens in the venture. TRUMP MEDIA The wealth of the Republican businessman-turned-politician ranges from crypto to real estate, and a large part on paper is tied up in his stake in Trump Media & Technology Group, owner of social media platform Truth Social. Besides assets and revenues from his business ventures, the president reported at least US$12 million in income, including through interest and dividends, from passive investments totalling at least US$211 million, a Reuters calculation shows. His biggest investments were in alternative fund manager Blue Owl Capital Corp and in government bond funds managed by Charles Schwab and Invesco. The disclosure often only gave ranges for the value of his assets and income; Reuters used the lower amount listed, meaning the total value of his assets and income was almost certainly higher. The disclosure showed income from various assets including Trump's properties in Florida. Trump's three golf-focused resorts in the state - Jupiter, Doral and West Palm Beach - plus his nearby private members' club at Mar-a-Lago generated at least US$217.7 million in income, according to the filing. Trump National Doral, the expansive Miami-area golf hub known for its Blue Monster course, was the family's single largest income source at US$110.4 million. The income figures provided are essentially revenues, not net profits after subtracting costs. The disclosure underlined the global nature of the Trump family business, listing income of US$5 million in license fees from a development in Vietnam, US$10 million in development fees from a project in India and almost US$16 million in licensing fees for a Dubai project. Trump collected royalty money, also, from a variety of deals - US$1.3 million from the Greenwood Bible (its website describes it as "the only Bible officially endorsed by Lee Greenwood and President Trump"); US$2.8 million from Trump Watches, and US$2.5 million from Trump Sneakers and Fragrances. Trump listed US$1.16 million in income from his NFTs - digital trading cards in his likeness - while First Lady Melania Trump earned around US$216,700 from license fees on her own NFT collection.