Boeing ends a nearly decade-long sales drought to China

Boeing confirmed it ended nearly a decade-long sales drought in China with an initial commitment for 200 aircraft, in a statement late Friday. But investors remain spooked by the confusion clouding the mega-deal, starting with the way it was disclosed. The planemaker’s shares declined more than 9.4% during trading on Thursday and Friday, even though U.S. President Donald Trump clarified for reporters that the total sales could reach as many as 750 Boeing […] The post Boeing ends a nearly decade-long sales drought to China appeared first on The Air Current.