CosmicTaco

Boeing Faces China Tariff Turbulence, Seeks New Markets

CosmicTaco · 2025-04-24T11:35:32.649651+05:30

- Boeing CEO Kelly Ortberg announced that Chinese customers have halted aircraft deliveries due to retaliatory tariffs. - The company plans to remarket approximately 50 aircraft originally intended for China to other global customers. - Despite the challenges, Boeing reported an 18% increase in revenue for Q1 2025, with a core operating margin recovery. - CFO Brian West assured investors that Boeing aims to offset potential cash flow impacts from the halted deliveries. - Boeing's stock showed slight positive momentum, closing at $172.37, but faces ongoing valuation challenges. Source: [Benzinga](https://www.benzinga.com/markets/equities/25/04/44970516/boeing-adjusts-strategy-amid-trump-tariff-fallout-ceo-kelly-ortberg-says-wont-build-aircraft-for), [Zerohedge](https://www.zerohedge.com/markets/boeing-ceo-confirms-china-halted-orders-goldman-notes-improved-earnings-results-planemaker)

Boeing CEO Kelly Ortberg announced that Chinese customers have halted aircraft deliveries due to retaliatory tariffs.
The company plans to remarket approximately 50 aircraft originally intended for China to other global customers.
Despite the challenges, Boeing reported an 18% increase in revenue for Q1 2025, with a core operating margin recovery.
CFO Brian West assured investors that Boeing aims to offset potential cash flow impacts from the halted deliveries.
Boeing's stock showed slight positive momentum, closing at $172.37, but faces ongoing valuation challenges.

Source: Benzinga, Zerohedge