Boeing and China Aviation Suppliers Holding Company (CASC) today signed an agreement for 300 aircraft during a ceremony in Beijing.
It was part of the United States trade mission to China, and was signed by Boeing Commercial Airplanes president and chief executive officer, Kevin McAllister, in the presence of US President Donald Trump and China President Xi Jinping.
The agreement includes orders and commitments for 300 Boeing single-aisle and twin-aisle aircraft. The aircraft are valued at more than $37 billion at list prices.
McAllister says: “China is a valued customer and key partner, and we’re proud that Boeing airplanes will be a part of its fleet growth for years to come.
“Boeing and China have a strong history of working together based on great mutual respect, and these orders build on that foundation.”
Boeing and China have also agreed to continue to work on industrial cooperation, the development of technologies to reduce aviation’s environmental impact and enhance sustainability, and continued cooperation to support the safety, efficiency and capacity of China’s air transport system.