Beijing says it's 'Natural' for the US to be 'Disappointed' after Boeing lost a $37 billion China Plane Deal to Airbus

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Beijing says it's 'Natural' for the US to be 'Disappointed' after Boeing lost a $37 billion China Plane Deal to Airbus
05 Jul 2022
6 min read

News Synopsis

After three major Chinese airlines agreed to buy $37 billion in aircraft from Boeing rival Airbus, Beijing said it was "natural" for the US to "feel sour." An editorial published Sunday in the Chinese state-run Global Times newspaper suggested that US public opinion had been "flooded with jealousy" after Europe's Airbus won the contract.

Airbus announced on Friday that 292 A320 passenger jets had been ordered by Chinese airlines. It is one of the most significant single-day deals in aviation history.

The Global Times editorial said of Boeing and Airbus: "Judging from the performance of these two companies in the global market, since 2019, Airbus has been way ahead of Boeing in terms of competing for passenger plane orders and market share."

It continued: "On the one hand, this is partly due to safety concerns as flights operated by Boeing 737 MAX aircraft have still largely not resumed in various countries. On the other, the disruptions in the US supply chain have seriously affected Boeing's delivery capacity."

The editorial said that Boeing had "complained about 'geopolitical differences' affecting its business" but "China is not the one to blame." It said: "It is natural for the US side to feel sour after losing the competition to Airbus."

TWN Opinion