Boeing Shares Fall After China's Juneyao Airlines Hits Pause on Jet Order

GuruFocus.com
04-12

April 11 - Boeing (NYSE:BA) shares slipped about 2% on Friday morning after word got out that China's Juneyao Airlines is putting off a planned 787-9 Dreamliner delivery.

The jet, worth roughly $120 million, was supposed to arrive in the next few weeks. But Juneyao is hitting the brakes, reportedly due to renewed trade tensions fueled by tariffs from President Trump's administration.

  • Warning! GuruFocus has detected 4 Warning Signs with BA.

That move could throw a wrench in Juneyao's international ambitions. The airline had its sights set on adding more flights to Europe this summer, with the long-range Dreamliner playing a key role in that expansion.

For Boeing, it's another complication in an already tricky environment. The company has warned that escalating trade disputes could further strain global supply chains, just as things were starting to settle down after the pandemic-era disruptions.

The delay underscores how geopolitical issues continue to weigh on aviation, and Boeing is caught in the middle.

This article first appeared on GuruFocus.

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