Boeing should be able to reallocate aircraft meant for China, says BofA

TipRanks

Wed, Apr 16, 2025, 7:40 AM 1 min read

BofA expert Ronald Epstein notes Bloomberg’s study that China halted transportation of each Boeing (BA) jets and asked Chinese carriers to halt immoderate purchases of aircraft-related instrumentality and parts from U.S. companies arsenic portion of the escalating commercialized warfare betwixt the countries. Boeing is the largest U.S. exporter, truthful the steadfast is not amazed by China’s move, though it sees this concern arsenic “unsustainable” fixed the firm’s presumption that Airbus (EADSY) can’t realistically beryllium China’s lone supplier of ample commercialized jets owed to capableness constraints. In the lawsuit this is prolonged oregon China decides to cancel orders, Boeing should person nary trouble reallocating the craft to different airlines that request further capacity, with India seen arsenic a imaginable recipient, adds BofA, which reiterates a Neutral standing and $185 terms people connected Boeing shares.

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