Boeing will find it ‘relatively easy' to find customers for China's rejected planes, says jet leasing CEO [Fortune]
Boeing Company (The) (BA)
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Source: Fortune
Beijing has even sent planes assembled in China back to the U.S. as it retaliates against steep tariffs imposed by U.S. President Donald Trump. Boeing CEO Kelly Ortberg admitted that China has refused to accept two planes that were ready for delivery, thanks to the tariffs. He added that the planemaker was planning to meet 50 Chinese orders this year, but is now “actively assessing” other options. That shouldn't be too difficult, says Steven Townend, CEO of BOC Aviation, one of the world's top jet leasing companies. Airlines turn to companies like BOC Aviation when they want to expand their fleet without necessarily making the expensive decision to buy a new plane. “Boeing continues to see strong demand for their aircraft,” Townend says. “It's relatively easy for them to find alternate customers for those planes right now.” The aviation industry is still facing a shortage of planes due to manufacturing struggles at both Boeing and Airbus, caused by factors including the COVID
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/12/25 - Form 3
- 12/8/25 - Form S-8
- 12/8/25 - Form 8-K
- BA's page on the SEC website