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China's ban on 737 MAX spooks Boeing's hopes of $10 bn trade deal windfall

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

Reuters  |  Seattle/Paris/Shanghai 

China's move to ground Boeing Co's 737 MAX jetliners following the deadly Ethiopian Airlines crash has cast a shadow over the American planemaker's immediate hopes for a major jet order linked to a US-China trade deal, industry sources said. 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. Those expectations were fanned by signs of pent-up demand stemming not only from a drop in China's ...

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First Published: Fri, March 15 2019. 07:36 IST
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