Boeing Co. Chief Executive Officer Dave Calhoun warned that a prolonged trade deadlock between the US and China threatens the comeback of its 737 Max and, ultimately, the company’s longstanding role as a US industrial champion.
China will be one of the world’s hottest aviation markets as the coronavirus pandemic recedes, accounting for about a quarter of expected growth in jet sales over the next decade, Calhoun said Thursday. But without an agreement in place to restart purchases and deliveries, Boeing can’t be sure when to raise output of the Max, the company’s main source of revenue and cash.
