Latest news with #ChineseAirlines
Reuters
7 days ago
- Business
- Reuters
Chinese airlines considering ordering hundreds of Airbus jets, Bloomberg News reports
June 4 (Reuters) - Chinese airlines are considering ordering hundreds of Airbus SE ( opens new tab aircraft as soon as next month, Bloomberg News reported on Wednesday, citing people familiar with the matter. Reuters could not immediately confirm the report.
Bloomberg
7 days ago
- Business
- Bloomberg
China Considers Ordering Hundreds of Airbus Jets in Major Deal
By and Danny Lee Save China is considering placing an order for hundreds of Airbus SE aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries' long-term ties, according to people familiar with the matter. Deliberations are underway with Chinese airlines about the size of a potential order, said the people, who asked not to be named discussing confidential matters. A deal could involve about 300 planes and include both narrowbody and widebody models, they said, with one person saying the order could range between 200 and as many as 500 aircraft.
South China Morning Post
29-05-2025
- Business
- South China Morning Post
Trade turbulence to slow Chinese airlines' growth, add to Boeing delays: analysts
Despite recent tariff cuts, remaining duties on imports from the US could force Chinese buyers of Boeing jets to pay millions of US dollars more than before and, along with worldwide delivery delays, contribute to a sharp slowdown in the growth of China's aviation capacity, analysts said. Held back by tariffs and global supply chain constraints, China's civil aviation passenger capacity is likely to grow by an average of 3.1 per cent a year until 2028, analysts at China International Capital Corporation (CICC) said in a note released on Wednesday. That capacity grew at an average annual rate of 15.4 per cent in the decade to 2019. 'Despite lower tariff rates, Chinese airlines remain reluctant to import Boeing aircraft in the short term,' the analysts said, citing remaining duties on imports from the United States that 'could add several million to over 10 million US dollars' to the cost of each plane. 'Deliveries may be delayed, and we expect some orders may even be cancelled by Chinese airlines,' they said. Amid this year's trade upheaval, some Chinese airlines refused to accept deliveries of Boeing planes, the US aerospace giant's CEO, Kelly Ortberg, confirmed last month. However, deliveries of US-made aircraft reportedly resumed after the bilateral tit-for-tat tariff war cooled off earlier this month.
NHK
14-05-2025
- Business
- NHK
US media: China allows airlines to accept deliveries of Boeing aircraft again
US media outlets say that China has removed a ban that prevented Chinese airlines from receiving deliveries of jets from the US aviation giant Boeing. The report comes after the two countries agreed to temporarily reduce their tariffs. In April, Boeing said a number of airlines in China had refused to accept deliveries of its planes, due to the impacts of the tit-for-tat tariffs. Beijing virtually confirmed the ban. It said the US tariffs had caused both Chinese airlines and Boeing to suffer greatly. On Tuesday, Bloomberg and other US media outlets reported that officials in Beijing had started to tell domestic carriers and government agencies that they could start receiving deliveries of US-made aircraft again. The move comes after the US and China agreed to temporarily cut additional tariffs on each other's products by 115 percentage points. This means China will lower the levies that it imposed on American imports, as a countermeasure, from 125 percent to 10 percent. China has indicated that it will also take steps to suspend or lift other countermeasures. The decision to start accepting Boeing aircraft again is being seen as one of those steps. But US media outlets say it is unclear if Chinese airlines will actually go ahead and accept deliveries of Boeing jets, as trade talks between the two nations are still being held.
