200 Jets, Not 500: Boeing’s China Deal Disappoints Wall Street

Boeing (NYSE: BA) CEO Kelly Ortberg flew to Beijing with President Trump specifically to close a major aircraft order from China — the company’s first in nearly a decade. The aircraft maker was hoping for 500 jets. China committed to 200. The stock fell 4%. Trump announced the commitment on Fox News Thursday, saying Xi […] The post 200 Jets, Not 500: Boeing’s China Deal Disappoints Wall Street appeared first on the deep dive.