Boeing Breaks the ice in China with a $3.62 Billion Freighter Deal

Boeing has received a significant firm order for cargo planes from China Southern Airlines, which could herald the end of a years-long freeze in the important Chinese market. The deal's volume amounts to $3.62 billion at list prices. It rises to $5.24 billion if all contractual options are exercised. By 2044, the Chinese fleet of cargo aircraft is expected to increase from 304 units to 600-800 jets.   New $3.62 billion order from China For years, the Chinese aviation market was an insurmountable fortress for the US aircraft...