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The Economic Times
The Economic Times
National

Boeing CEO says 200-jet China deal an 'initial tranche' with more to come

Boeing China Donald Trump Kelly Ortberg United States

Hong Kong: China's commitment to buy 200 Boeing jets during a recent visit by U.S. President Donald Trump will be firmed up later this year and is only an "initial tranche" of a potentially far bigger deal, the planemaker's CEO Kelly Ortberg said.

Investors had expressed disappointment over the size of ‌the deal, which was much ⁠smaller than ⁠a roughly 500-plane package that sources told Reuters was under discussion ahead of a meeting between Trump and Chinese leader Xi Jinping this month.

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