China and Boeing sign agreement for 300 aircraft

During the visit of Trump, China signed an agreement that includes orders and commitments.

China reached an agreement for the purchase of 300 aircraft, in the framework of a visit by US President Donald Trump to Beijing.

Boeing and China Aviation Supplies Holding Company signed the agreement that includes orders and commitments for 300 single-aisle and twin-aisle aircraft. The value amounts to 37.000 million dollars.

According to Boeing, China will need 7240 aircraft in the next 20 years to attend the growing demand. The figure means 18% of the world total.

The agreement was signed in the presence of Trump and China president Xi Jinping.

Kevin McAllister, president and CEO of Boeing Commercial Airplanes, said: “China is a valued customer and key partner, and we’re proud that Boeing airplanes will be a part of its fleet growth for years to come”.

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