Acquisition AI Appointment Asia AspiringWomenLeaders Banking BusinessNews CEO CFO CHRO COO CorporateNews CTO EV FinanceLeadership Funding HR IndustrialGrowth Inspiring Energy Leaders InspiringLegalLeaders InspiringTechLeaders Investment leadership LeadershipChange sports SupplyChainLeaders Technology TOP10 VP WomenEmpowerment WomeninITleadership
In a bold move shaking up the aviation industry, China has halted the import of Boeing aircraft, citing safety concerns and intensifying trade tensions with the U.S.
The move comes amid ongoing safety concerns over Boeing’s 737 MAX series and follows Trump’s decision to impose steep tariffs, up to 145%, on certain Chinese imports.
The suspension affects dozens of pending orders from major Chinese airlines, including Air China, China Eastern, and China Southern. While a few completed aircraft may still be accepted on a case-by-case basis, the broader pause reflects deepening concerns over both product safety and bilateral trade relations.
China, which currently represents about 15% of the global civil aviation market, is rapidly expanding its footprint and could reach 20% in the next 15 years. The decision is also seen as a strategic push to accelerate domestic production through Chinese aircraft manufacturer Comac and to strengthen partnerships with European rival Airbus.
For Boeing, the halt adds to mounting challenges. The company posted losses of $11.8 billion in 2024, is grappling with production setbacks, and has seen its share value fall by over 30% this year alone.
This development marks a significant moment in global aviation, underscoring how geopolitical tensions, industrial policy, and safety concerns are reshaping long-established commercial relationships.
- Gangadhar Krishnamoorthy appointed as Senior Vice President – Manufacturing & SCM Excellence at JSW SteelJSW Steel announced the appointment of Gangadhar Krishnamoorthy as Senior… Read more: Gangadhar Krishnamoorthy appointed as Senior Vice President – Manufacturing & SCM Excellence at JSW Steel
- Sunanda Khaitan appointed as Chief Marketing Officer – Beauty & Wellbeing at UnileverHindustan Unilever Limited (HUL) has appointed Sunanda Khaitan as the… Read more: Sunanda Khaitan appointed as Chief Marketing Officer – Beauty & Wellbeing at Unilever
- Rachit Mishra appointed as Head Brand & Digital Communications at ArcelorMittal Nippon Steel IndiaArcelorMittal Nippon Steel India (AM/NS India) has named Rachit Mishra… Read more: Rachit Mishra appointed as Head Brand & Digital Communications at ArcelorMittal Nippon Steel India
- Zuellig Pharma Announces Acquisition of Zam-Buk® and Vapex® from BayerZuellig Pharma has announced the acquisition of all rights, title,… Read more: Zuellig Pharma Announces Acquisition of Zam-Buk® and Vapex® from Bayer
- Marico Limited Acquires 60% Stake in Cosmix at ₹375 Crore ValuationMarico Limited has acquired a 60% stake in Cosmix Wellness… Read more: Marico Limited Acquires 60% Stake in Cosmix at ₹375 Crore Valuation
