South China hinders the sale of Boeing aircraft amid incurable uncertainty


The auction of 10 B787-8 aircraft belonging to the Southern Chinese airlines was suspended, amid the constant uncertainty surrounding definitions.

The state-backed China announced in October that it will sell its fleet from 787-8 aircraft, as the carrier is preparing its fleet with fixed orders with Boeing, which is scheduled to receive 90 aircraft in the next three years. The airline also has fixed orders with Airbus and the local factory.

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However, the welcoming trade war between the United States and China led to a tariff of up to 145 % at the present time and the uncertainty about the long -term commercial relationship. The airline, through Shanghai United assets and the exchange of shares that have been suspended due to “events that affect transactions.”

While claiming that the Chinese government has told the country’s airlines Canceling their aircraft orders is still unconfirmedIt seems that South China decided that it would be wise to stick to the plane for a longer period.

Air China and China Eastern, as other state -owned major tankers, also enjoy orders from 45 and 53 requests for Boeing aircraft, respectively, with a total subscriber of billions of dollars.



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