Boeing, China announce airplane sales

Boeing (NYSE: BA) and China Aviation Suppliers Holding company (CASC) has signed an agreement for 300 airplanes during a ceremony in Beijing, the company said.

It was part of the United States trade mission to China, and was signed by Kevin McAllister, Boeing Commercial Airplanes president and CEO, 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 airplanes. The airplanes are valued at more than USD 37 billion at list prices.

Boeing and China continue to work on mutually beneficial ways to grow and support the aviation market. These efforts include 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.