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Boeing to sell 300 jets to China firms, set up China plant

Sep. 23, 2015 7:17 AM ETThe Boeing Company (BA) StockBABy: Carl Surran, SA News Editor12 Comments
  • Boeing (NYSE:BA) has signed deals to sell 300 aircraft potentially worth tens of billions of dollars to three Chinese firms, Reuters reports, in the largest order the aerospace firm has received from Chinese companies.
  • China's ICBC Financial Leasing separately confirms it will purchase 30 of Boeing's 737-800 jets, worth $2.88B at list prices.
  • Industry observers also say Boeing will build its first aircraft completion plant outside the U.S. in China, as anticipated.
  • Chinese president Xi Jinping began a U.S. state visit yesterday, and will visit Boeing's Seattle headquarters today.

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