Deutsche Welle reported today (May 13): "[Sources: China Lifts Ban on Receiving Boeing Aircraft] A month ago, China ordered domestic airlines to suspend the acceptance of Boeing aircraft, and several new Boeing aircraft were forced to fly back to the United States. After breakthroughs in Sino-US trade negotiations, the above ban is reportedly lifted. Boeing originally planned to deliver approximately 50 aircraft to China by 2025."
This is a significant piece of good news for Boeing, and the reason is simple: China is the largest aviation market in the world. The large population base and rapid economic growth in China have kept the demand for air travel strong, and the size of the civil aviation fleet is constantly expanding. According to authoritative forecasts, over the next 20 years, China is expected to need thousands of new aircraft to meet market demand, which holds enormous commercial opportunities behind it.
For Boeing, losing the Chinese market would deal a heavy blow to its global revenue and market share, while lifting the ban means that Boeing can re-engage deeply with this rapidly developing market. This not only helps ensure the original delivery targets but also contributes to further expanding orders and consolidating its competitive position in the global aerospace manufacturing industry.
Original article: https://www.toutiao.com/article/1832001556289539/
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